Trading was light with 1,864 shares changing hands by the end of trading on Friday. Volume was down 95.86% under the stocks average daily volume.
Short traders are more bearish of late if you put credence in the motion in short interest. The stock realized a rise in short interest between August 31, 2017 and September 15, 2017 of 14.47%. Short interest increased 27,191 over that timeframe. The short-interest ratio decreased to 5.0 and the percentage of shorted shares is 0.01% as of September 15.
Here is a rundown on some insider market activity for TheStreet, Inc. (NASDAQ:TST). Lawrence S. Kramer, Director disclosed the purchase of 25,000 shares of (TST). The shares were bought on August 2nd for an average price of $0.84. Kramer now owns $441,000 of the stock according to the SEC filing. Sarah Ann Fay, Director acquired $10,250 worth of shares at an average price of $0.82 on August 3rd. The Director now owns $176,621 of the stock as reported to the SEC.
These firms have modified their investment in TST. Citadel Advisors LLC divested its holdings by shedding 7,684 shares a decrease of 29.5% from 03/31/2016 to 06/30/2017. Citadel Advisors LLC controls 18,321 shares with a value of $15,000. The total value of its holdings decreased 53.1%. Kcg Holdings, Inc. expanded its stake by buying 2,681 shares an increase of 11.0% as of 06/30/2017. Kcg Holdings, Inc. currently owns 27,154 shares worth $23,000. The value of the position overall is up by 21.1%.
B. Riley Financial, Inc. cut its position by selling 455,556 shares a decrease of 63.4% in the quarter. B. Riley Financial, Inc. owns 263,200 shares valued at $218,000. The total value of its holdings decreased 60.1%. Joel Isaacson & Co., LLC grew its ownership by buying 35,295 shares an increase of 223.0%. Joel Isaacson & Co., LLC now holds 51,119 shares worth $42,000. The total value of its holdings increased 250.0%.
In the market the company is trading unchanged by % percent from yesterday’s close. Company shares last traded at $1.02 which is just a bit higher than $0.96, the stock’s 50 day moving average and which is significantly higher than the 200 day moving average of $0.87. The 50 day moving average went up by +5.87% and the 200 day average was up $0.15.
As of the last earnings report the EPS was $-0.38 and is expected to be $-0.03 for the current year with 35,867,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.01 with next year’s EPS projected to be $-0.01.
TheStreet, Inc. (TheStreet), launched on April 30, 1998, is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Business’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels. With a suite of digital services, TheStreet offers the tools and insights needed to make informed decisions about earning, investing, saving and spending money. TheStreet provides interactive multimedia coverage of the financial markets, economy, industry trends, investment and financial planning..