Short Interest in Trainline Plc (OTCMKTS:TNLIF) Decreases By 34.5%

() experienced a significant drop in short interest during the month of March. On April 30, there were 367,600 short shares. This is a 34.5% decrease from the total of 561,100 shares on April 15. The days-to-cover is currently based on an average trading volume 0 shares.

Trainline Stock Performance

The price of the stock remained unchanged at $3.00 in midday trading on Friday. The company has a 50-day simple moving median of $3.00, and a 200-day simple moving medium of $3.25. Recent research has been done by several analysts on TNLIF. Deutsche Bank Aktiengesellschaft upgraded Trainline's rating from 'hold to 'buy' in a research report on Monday, 27th February. UBS Group upgraded Trainline in a report released on Monday, 24th April from a "neutral" rating to a "buy". JPMorgan Chase & Co. lowered its price target for Trainline in a report published on Friday, 5th May from GBX 310 (£3.91) to GBX 285. Four analysts have given the stock a buy recommendation, while one analyst gave it a hold. According to MarketBeat the company currently has an average rating 'Moderate buy' with a consensus price target of $371.25.

Trainline Company Profile

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Trainline Plc is an independent rail and bus travel platform that sells tickets around the world. The company is divided into three segments: UK Consumer Solutions, UK Trainline Partner Solutions and International. The UK Consumer segment offers travel apps and websites to individual travelers within the United Kingdom.

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