The stock of Tetra Tech Incorporated (NASDAQ:TTEK) registered an increase of 3.57% in short interest. TTEK’s total short interest was 1.76M shares in February as published by FINRA. Its up 3.57% from 1.70 million shares, reported previously. With 471,000 shares average volume, it will take short sellers 4 days to cover their TTEK’s short positions. The short interest to Tetra Tech Incorporated’s float is 3.04%. The stock is up 0.55% or $0.15 after the news, hitting $27.52 per share. About 81,779 shares traded hands. Tetra Tech, Inc. (NASDAQ:TTEK) has risen 8.10% since July 22, 2015 and is uptrending. It has outperformed by 15.78% the S&P500.
Tetra Tech, Inc. is a provider of consulting, engineering, program management, construction management and technical services focusing on natural resource management, infrastructure, energy and the environment. The company has a market cap of $1.61 billion. The Firm is a full-service firm that leads with science. It has 46.09 P/E ratio. The Firm serves public and private clients by addressing the fundamental needs for water, natural resources, environmental services, infrastructure and energy.
The institutional sentiment decreased to 1.04 in Q3 2015. Its down 0.11, from 1.15 in 2015Q2. The ratio worsened, as 18 funds sold all Tetra Tech, Inc. shares owned while 81 reduced positions. 26 funds bought stakes while 77 increased positions. They now own 49.02 million shares or 5.78% less from 52.02 million shares in 2015Q2.
Intrepid Capital Management Inc holds 9.16% of its portfolio in Tetra Tech, Inc. for 1.08 million shares. Water Asset Management Llc owns 354,526 shares or 4.94% of their US portfolio. Moreover, Springbank Value Partners Lp has 4.01% invested in the company for 86,068 shares. The New York-based Value Holdings Lp has invested 3.88% in the stock. Managed Asset Portfolios Llc, a Michigan-based fund reported 232,446 shares.
Since May 5, 2015, the stock had 0 insider buys, and 2 sales for $580,445 net activity. Mcdonald Kevin P sold 5,500 shares worth $148,445. Pagenkopf James R sold 16,000 shares worth $432,000. Salin Janis B sold 16,750 shares worth $460,625. Brownlie William R sold 18,950 shares worth $521,125. The insider Lemmon Richard A sold 16,750 shares worth $440,527.
Out of 7 analysts covering TETRA Tech (NASDAQ:TTEK), 5 rate it “Buy”, 0 “Sell”, while 4 “Hold”. This means 56% are positive. TETRA Tech was the topic in 5 analyst reports since November 9, 2015 according to StockzIntelligence Inc.
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