It Seems Fts International Inc (NYSE:FTSI) Will Go Down. Just Reported More Shorted Shares

The stock of Fts International Inc (NYSE:FTSI) registered an increase of 16.11% in short interest. FTSI’s total short interest was 1.98M shares in August as published by FINRA. Its up 16.11% from 1.71M shares, reported previously. With 635,400 shares average volume, it will take short sellers 3 days to cover their FTSI’s short positions. The short interest to Fts International Inc’s float is 2.75%.

The stock increased 4.76% or $0.14 during the last trading session, reaching $3.08. About 751,450 shares traded or 0.35% up from the average. FTS International, Inc. (NYSE:FTSI) has declined 67.08% since August 15, 2018 and is downtrending. It has underperformed by 67.08% the S&P500.

FTS International, Inc. provides hydraulic fracturing services in North America. The company has market cap of $335.82 million. The Company’s services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies , in shale and other unconventional resource formations. It has a 12.57 P/E ratio. The company's wireline services primarily consist of setting plugs between hydraulic fracturing stages, creating perforations within hydraulic fracturing stages, and logging the characteristics of resource formations.

More notable recent FTS International, Inc. (NYSE:FTSI) news were published by: Seekingalpha.com which released: “FTS International’s (FTSI) CEO Michael Doss on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on October 30, 2018, also Seekingalpha.com with their article: “FTS International, Inc. (FTSI) CEO Michael Doss on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on March 02, 2019, Finance.Yahoo.com published: “Why FTS International, Inc. (NYSE:FTSI) Is An Attractive Investment To Consider – Yahoo Finance” on July 23, 2019. More interesting news about FTS International, Inc. (NYSE:FTSI) were released by: Seekingalpha.com and their article: “Utilization Improved In Q2 2019, With Stable Demand And Pricing Expected In The Hydraulic Fracturing Market Through 2019 – Seeking Alpha” published on June 19, 2019 as well as Finance.Yahoo.com‘s news article titled: “Implied Volatility Surging for FTS International (FTSI) Stock Options – Yahoo Finance” with publication date: June 19, 2019.

FTS International, Inc. (NYSE:FTSI) Ratings Chart

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