Ticketplus Ltd. (NYSEAMERICAN:TP) Short Interest Update

Ticketplus Ltd. (NYSEAMERICAN:TP) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 6,016 shares, a decrease of 39.0% from the August 15th total of 9,859 shares. Based on an average daily volume of 81,507 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Ticketplus Stock Performance

TP traded down $0.20 during trading hours on Wednesday, hitting $8.19. 3,049 shares of the company’s stock were exchanged, compared to its average volume of 56,320. Ticketplus has a 1-year low of $6.10 and a 1-year high of $12.14.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Roth Capital started coverage on Ticketplus in a report on Monday, August 31st. They set a “buy” rating and a $14.00 price objective for the company. Greenridge Global raised Ticketplus to a “strong-buy” rating in a research note on Monday, August 31st. Finally, Zacks Research upgraded shares of Ticketplus to a “hold” rating in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $14.00.

Ticketplus Company Profile

Ticketplus Ltd. is a technology company operates a proprietary, full-stack technology platform powering live entertainment. Ticketplus Ltd. is based in SANTIAGO, Chile.