Could Tellurian Inc (NASDAQ:TELL) Change Direction After Less Shorts?

July 14, 2018 - By Hannah Black

The stock of Tellurian Inc (NASDAQ:TELL) registered a decrease of 3.87% in short interest. TELL’s total short interest was 10.66 million shares in July as published by FINRA. Its down 3.87% from 11.09 million shares, reported previously. With 1.37M shares average volume, it will take short sellers 8 days to cover their TELL’s short positions. The short interest to Tellurian Inc’s float is 17%.

The stock decreased 1.72% or $0.14 during the last trading session, reaching $8. About 1.18M shares traded or 3.71% up from the average. Tellurian Inc. (NASDAQ:TELL) has risen 5.20% since July 14, 2017 and is uptrending. It has underperformed by 7.37% the S&P500.

Tellurian Investments Inc. offers mid-scale natural gas liquefaction and export projects. The company has market cap of $1.92 billion.

More notable recent Tellurian Inc. (NASDAQ:TELL) news were published by: Streetinsider.com which released: “Pre-Open Movers 06/19: (ASTC) (FMI) (GEVO) Higher; (PAGS) (TELL) (DEA) Lower (more…)” on June 19, 2018, also Nasdaq.com with their article: “Mid-Day Market Update: Dow Down 350 Points; Tellurian Shares Plunge” published on June 19, 2018, Seekingalpha.com published: “Tellurian Dilutes Again And Will Not Be A Good Investment” on June 19, 2018. More interesting news about Tellurian Inc. (NASDAQ:TELL) were released by: Fool.com and their article: “Why Tellurian Inc. Stock Is Drifting Lower Today” published on June 19, 2018 as well as Seekingalpha.com‘s news article titled: “Tellurian announces pricing of public offering of common stock” with publication date: June 19, 2018.

Tellurian Inc. (NASDAQ:TELL) Ratings Chart

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