Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 715,000 shares, an increase of 868.8% from the June 15th total of 73,800 shares. Based on an average trading volume of 8,570,000 shares, the short-interest ratio is currently 0.1 days.
Trinity Place Trading Up 4.1 %
TPHS traded up $0.00 during trading on Thursday, reaching $0.12. 2,379,308 shares of the stock traded hands, compared to its average volume of 6,118,849. Trinity Place has a fifty-two week low of $0.08 and a fifty-two week high of $0.66. The stock has a market cap of $7.72 million, a price-to-earnings ratio of -0.16 and a beta of -0.06.
Trinity Place (NYSEAMERICAN:TPHS – Get Free Report) last announced its quarterly earnings results on Wednesday, May 15th. The company reported $0.15 EPS for the quarter. Trinity Place had a negative return on equity of 5,086.83% and a negative net margin of 116.44%. The business had revenue of $2.36 million during the quarter.
Trinity Place Company Profile
Trinity Place Holdings Inc operates as a real estate holding, investment, development, and asset management company in the United States. Its assets are located at 77 Greenwich Street in Lower Manhattan; and a property occupied by a retail tenant in Paramus, New Jersey. The company also controls various intellectual property assets focused on the consumer sector, including FilenesBasement.com, its rights to the Stanley Blacker brand, as well as the intellectual property associated with the running of the Brides event and An Educated Consumer.
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