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Short interest in Tiptree Inc. surged 24.2% in January, with 0.7% of shares now shorted.
Short interest in Tiptree Inc. (TIPT) rose by 24.2% in January, with 155,000 shares now shorted.
This amounts to 0.7% of the company's shares and a days-to-cover ratio of 1.8.
Tiptree, which provides specialty insurance products, has seen institutional investors adjust their positions.
The company recently paid a special dividend of $0.25 per share and reported a net margin of 2.05% and a return on equity of 11.50%.
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El interés corto en Tiptree Inc. aumentó un 24,2% en enero, con el 0,7% de las acciones ahora acortadas.