Transat A.T. Inc. (OTCMKTS:TRZBF) Short Interest Down 37.5% in March

Transat A.T. Inc. (OTCMKTS:TRZBFGet Rating) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 492,500 shares, a decline of 37.5% from the March 15th total of 787,700 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1,641.7 days.

TRZBF stock opened at $3.84 on Friday. The company has a 50 day moving average price of $3.89 and a 200 day moving average price of $3.72. Transat A.T. has a fifty-two week low of $3.03 and a fifty-two week high of $5.89.

Separately, National Bank Financial lifted their target price on shares of Transat A.T. from C$3.50 to C$4.00 in a research note on Friday, March 11th.

Transat A.T. Company Profile (Get Rating)

Transat A.T. Inc operates as an integrated international tourism company in the Americas and Europe. The company offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands to approximately 60 destinations in approximately 25 countries. It also operates outgoing tours; and involved in the retail distribution activities, such as providing advice to travelers.

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