What’s in P.A.M. Transportation Services Inc (NASDAQ:PTSI) After Rise in Shorted Shares?

August 10, 2018 - By Tina Thibodeau

P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) Logo

Investors sentiment decreased to 1 in 2018 Q1. Its down 0.13, from 1.13 in 2017Q4. It turned negative, as 2 investors sold P.A.M. Transportation Services, Inc. shares while 14 reduced holdings. 7 funds opened positions while 9 raised stakes. 1.57 million shares or 2.24% more from 1.53 million shares in 2017Q4 were reported.
Susquehanna Llp invested 0% of its portfolio in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI). Geode Management Ltd Company has 0% invested in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI). Carroll Fin Incorporated holds 0% or 250 shares. Goldman Sachs Grp accumulated 9,475 shares or 0% of the stock. Morgan Stanley accumulated 4,011 shares. Meeder Asset Inc accumulated 62 shares or 0% of the stock. Bancorp Of America Corporation De holds 0% of its portfolio in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) for 559 shares. Renaissance Ltd Liability Company has 380,528 shares for 0.02% of their portfolio. Horrell Cap Mngmt has 0.56% invested in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI). Hillsdale Mngmt has 0.08% invested in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI). 369,779 were reported by Dimensional Fund Advisors Ltd Partnership. Federated Invsts Incorporated Pa reported 44 shares. Blackrock owns 150,922 shares for 0% of their portfolio. Acadian Asset Management Ltd reported 0% stake. Pacific Ridge Capital Prtn Limited Liability Company has 1.53% invested in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) for 156,804 shares.

The stock of P.A.M. Transportation Services Inc (NASDAQ:PTSI) registered an increase of 7.02% in short interest. PTSI’s total short interest was 6,100 shares in August as published by FINRA. Its up 7.02% from 5,700 shares, reported previously. With 21,000 shares average volume, it will take short sellers 0 days to cover their PTSI’s short positions. The short interest to P.A.M. Transportation Services Inc’s float is 0.32%.

The stock increased 0.51% or $0.32 during the last trading session, reaching $62.69. About 5,577 shares traded. P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) has risen 131.49% since August 10, 2017 and is uptrending. It has outperformed by 118.92% the S&P500.

P.A.M. Transportation Services, Inc., through its subsidiaries, operates as a truckload transportation and logistics firm in the United States, Canada, and Mexico. The company has market cap of $379.54 million. The firm is involved in the transportation of general commodities. It has a 9.07 P/E ratio. The Company’s freight primarily consists of automotive parts; expedited goods; and consumer goods, including general retail store merchandise, and manufactured goods, such as heating and air conditioning units.

More news for P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) were recently published by: Nasdaq.com, which released: “PAM Transportation Services, Inc. Announces Results for the Second Quarter Ended June 30, 2018” on July 25, 2018. Benzinga.com‘s article titled: “50 Biggest Movers From Yesterday” and published on July 26, 2018 is yet another important article.

P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) Institutional Positions Chart

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