Could TARKETT SA ORDINARY SHARES FRANCE (OTCMKTS:TKFTF) Skyrocket? The Stock Has Too Many Sellers

June 12, 2018 - By Stephen Andrade

Tarkett S.A. (OTCMKTS:TKFTF) Logo

The stock of TARKETT SA ORDINARY SHARES FRANCE (OTCMKTS:TKFTF) registered an increase of 6.59% in short interest. TKFTF’s total short interest was 166,700 shares in June as published by FINRA. Its up 6.59% from 156,400 shares, reported previously. With 100 shares average volume, it will take short sellers 1667 days to cover their TKFTF’s short positions.

It closed at $29.75 lastly. It is down 0.00% since June 12, 2017 and is . It has underperformed by 12.57% the S&P500.

Tarkett S.A., a flooring company, provides various flooring and sports surface solutions to professionals and end-users in the residential and commercial markets worldwide. The company has market cap of $1.82 billion. The company's products include resilient flooring products, including heterogeneous and homogeneous vinyl, and linoleum floors, as well as luxury vinyl tiles; and wood and laminate flooring, such as engineered wood floors and multi-layer laminate floors. It currently has negative earnings. The Company’s products also comprise carpets; rubber flooring and accessories; and sports surfaces comprising artificial turfs and athletic tracks.

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