What Will Happen to Wabash National Corporation (NYSE:WNC) Next? The Stock Has Increase in Shorts

Wabash National Corporation (NYSE:WNC) Logo

Investors sentiment increased to 1.44 in Q2 2019. Its up 0.36, from 1.08 in 2019Q1. It improved, as 15 investors sold Wabash National Corporation shares while 48 reduced holdings. 33 funds opened positions while 58 raised stakes. 50.48 million shares or 0.20% more from 50.38 million shares in 2019Q1 were reported.
Oregon Public Employees Retirement Fund owns 22,101 shares. Petrus Lta reported 21,281 shares or 0.06% of all its holdings. 101,629 are owned by Panagora Asset Management. Kennedy Mgmt Inc owns 0.28% invested in Wabash National Corporation (NYSE:WNC) for 718,974 shares. Dimensional Fund Ltd Partnership has 0.03% invested in Wabash National Corporation (NYSE:WNC) for 4.75M shares. Parametric Associates Ltd Liability holds 0% or 233,108 shares. Bnp Paribas Arbitrage invested 0% in Wabash National Corporation (NYSE:WNC). Public Employees Retirement Sys Of Ohio reported 0.01% stake. Macquarie Gp Ltd holds 0.01% of its portfolio in Wabash National Corporation (NYSE:WNC) for 224,461 shares. The Sweden-based Nordea Investment has invested 0.01% in Wabash National Corporation (NYSE:WNC). Pacific Ridge Prns Ltd Llc owns 79,290 shares. Sei Invests Co reported 250,729 shares. 20,000 were reported by Nj State Employees Deferred Compensation Plan. Millennium Management Ltd Liability Corporation reported 0% stake. Federated Pa reported 1,029 shares.

The stock of Wabash National Corporation (NYSE:WNC) registered an increase of 14.34% in short interest. WNC’s total short interest was 2.89 million shares in October as published by FINRA. Its up 14.34% from 2.52M shares, reported previously. With 384,100 shares average volume, it will take short sellers 8 days to cover their WNC’s short positions. The short interest to Wabash National Corporation’s float is 5.41%.

It closed at $13.22 lastly. It is down 16.77% since October 11, 2018 and is downtrending. It has underperformed by 16.77% the S&P500.

Wabash National Corporation operates as a diversified industrial maker and North AmericaÂ’s producer of semi-trailers and liquid transportation systems. The company has market cap of $719.92 million. The Company’s Commercial Trailer Products segment provides dry van trailers; platform trailers; refrigerated trailers; specialty trailers, such as converter dollies, big tire haulers, steel coil haulers, and RoadRailer trailers; aftermarket parts and services; used trailers; and laminated hard wood oak flooring products. It has a 12.04 P/E ratio. The companyÂ’s Diversified Products segment offers transportation products, including stainless steel and aluminum liquid and dry bulk tank trailers, and other liquid transport solutions for the dairy, food and beverage, chemical, environmental, petroleum, and refined fuel industries; aircraft refuelers and hydrant dispensers for in-to-plane fueling companies, airlines, freight distribution companies, and fuel marketers; military grade refueling and water tankers; truck mounted tanks for fuel delivery; and vacuum tankers.

More notable recent Wabash National Corporation (NYSE:WNC) news were published by: Seekingalpha.com which released: “Wabash National: An Undervalued Company With Attractive Prospects – Seeking Alpha” on September 02, 2019, also Seekingalpha.com with their article: “Wabash National Is A Cheap Play On A Strong Economy – Seeking Alpha” published on May 04, 2019, Finance.Yahoo.com published: “Stryker Corporation (NYSE:SYK) Has Attractive Fundamentals – Yahoo Finance” on May 20, 2019. More interesting news about Wabash National Corporation (NYSE:WNC) were released by: Fool.com and their article: “Why Wabash National Stock Popped Nearly 10% – The Motley Fool” published on January 31, 2018 as well as Globenewswire.com‘s news article titled: “Wabash National Corporation Announces Agreement to Acquire Supreme Industries, Inc. – GlobeNewswire” with publication date: August 08, 2017.

Wabash National Corporation (NYSE:WNC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.