What’s TRANS-PACIFIC AEROSPACE COMPANY INC (OTCMKTS:TPAC) Upside After This Short Interest Increase?

March 14, 2018 - By Vivian Park

The stock of TRANS-PACIFIC AEROSPACE COMPANY INC (OTCMKTS:TPAC) registered an increase of 493% in short interest. TPAC’s total short interest was 5.93 million shares in March as published by FINRA. Its up 493% from 1.00M shares, reported previously. With 6.55M shares average volume, it will take short sellers 1 days to cover their TPAC’s short positions. The short interest to TRANS-PACIFIC AEROSPACE COMPANY INC’s float is 0.07%.

The stock decreased 90.00% or $9E05 during the last trading session, reaching $1E05. About shares traded. Trans-Pacific Aerospace Company, Inc. (OTCMKTS:TPAC) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Trans-Pacific Aerospace Company, Inc. designs, makes, and sells aerospace component parts for commercial and military aircrafts, space vehicles, power plants, and surface and undersea vessels in the United States. The company has market cap of $82,219. It primarily offers self-lubricating spherical bearings, which are integral to the operation of commercial aircrafts and help with various flight-critical tasks, including aircraft flight controls and landing gear. It currently has negative earnings. The firm was formerly known as Pinnacle Energy Corp. and changed its name to Trans-Pacific Aerospace Company, Inc. in March 2010.

More notable recent Trans-Pacific Aerospace Company, Inc. (OTCMKTS:TPAC) news were published by: Businesswire.com which released: “Trans-Pacific Aerospace Announces Purchase of an Additional 200 Million Shares …” on December 23, 2015, also Prnewswire.com with their article: “Trans-Pacific Aerospace Announces Signing of Letter of Intent” published on January 11, 2017, Fool.com published: “The Next Penny Stock Scam” on May 02, 2010. More interesting news about Trans-Pacific Aerospace Company, Inc. (OTCMKTS:TPAC) were released by: Marketwatch.com and their article: “Trans-Pacific Aerospace Co. Inc.” published on October 01, 2017 as well as Prnewswire.com‘s news article titled: “Trans-Pacific Aerospace Reports Entry into Electric Transport Sector” with publication date: May 04, 2017.

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