TISI short interest fall by -1.78%, reflecting positive sentiment


The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Team Inc. shares valued at $3,436 were purchased by Lederman Evan S. on Dec 15. At $0.69 per share, Lederman Evan S. acquired 5,000 shares. The insider’s holdings grew to 54,300 shares worth approximately $0.38 million following the completion of this transaction.

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Also, Stenger Edward J. purchased 27,519 shares, netting a total of over 19,863 in proceeds. Following the buying of shares at $0.72 each, the insider now holds 27,519 shares.

Before that, Lederman Evan S. had added 4,000 shares to its account. In a trade valued at $2,880, the Director bought Team Inc. shares for $0.72 each. Upon closing the transaction, the insider’s holdings increased to 4,000 shares, worth approximately $0.35 million.

Analyzing TISI Stock Performance

On Thursday, Team Inc. [NYSE: TISI] rose 61.78% to $7.07. The stock’s lowest price that day was $4.60, but it reached a high of $7.90 in the same session. During the last five days, there has been a surge of approximately 73.28%. Over the course of the year, Team Inc. shares have jumped approximately 34.67%. Shares of the company reached a 52-week high of $10.33 on 01/12/23 and a 52-week low of $3.53 on 05/16/23. A 50-day SMA is recorded $5.36, while a 200-day SMA reached $8.06. Nevertheless, trading volume fell to 4.63 million shares from 2200.0 shares the previous day.

Support And Resistance Levels for Team Inc. (TISI)

According to the 24-hour chart, there is a support level at 5.15, which, if violated, would cause prices to drop to 3.22. In the upper region, resistance lies at 8.45. The next price resistance is at 9.82. RSI (Relative Strength Index) is 73.35 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.74, which suggests the price will decrease in the coming days. Percent R is at 18.99%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

Is Team Inc. subject to short interest?

Stocks of Team Inc. saw a sharp steep in short interest on Apr 27, 2023 dropping by 820.0 shares to 46130.0. Data from Yahoo Finance shows that the short interest on Mar 30, 2023 was 46950.0 shares. A decline of -1.78% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.39 of the overall float, the days-to-cover ratio (short ratio) decline to 2.39.

Which companies own the most shares of Team Inc. (TISI)?

According to Corre Partners Management LLC filings, the company currently owns 1,454,544 shares, which is about 33.49% of the total TISI shares outstanding. The Vanguard Group, Inc. acquire a 0.09% interest valued at $0.6 million while Barclays Capital, Inc. sold a -104,724 stake. A total of 216 shares of Team Inc. were sold by BlackRock Fund Advisors during the quarter, and 0 by Geode Capital Management LLC. In its current portfolio, Millennium Management LLC holds 21,746 shares valued at $0.11 million.

In terms of Team Inc. share price expectations, FactSet research, analysts set an average price target of $100.00 in the next 12 months, up nearly 2188.33% from the previous closing price of $4.37. Analysts anticipate Team Inc. stock to reach $130.00 by 2023, with the lowest price target being $70.00.


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