Trinity Industries Inc (NYSE:TRN) Sees Large Increase in Short Interest
Trinity Industries Inc (NYSE:TRN) saw a significant increase in short interest in December. As of December 13th, there was short interest totalling 14,050,000 shares, an increase of 5.0% from the November 28th total of 13,380,000 shares. Currently, 11.8% of the shares of the company are sold short. Based on an average trading volume of 1,290,000 shares, the short-interest ratio is currently 10.9 days.
In other news, Director Brandon B. Boze acquired 400,000 shares of Trinity Industries stock in a transaction on Friday, November 1st. The stock was acquired at an average cost of $20.46 per share, with a total value of $8,184,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian D. Madiso ...