Tecnoglass Stock Number Of Shares Shorted

TGLS Stock  USD 77.75  0.08  0.10%   
Tecnoglass fundamentals help investors to digest information that contributes to Tecnoglass' financial success or failures. It also enables traders to predict the movement of Tecnoglass Stock. The fundamental analysis module provides a way to measure Tecnoglass' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tecnoglass stock.
  
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Tecnoglass Company Number Of Shares Shorted Analysis

Tecnoglass' Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Shares Shorted

 = 

Shorted by Public

+

by Institutions

More About Number Of Shares Shorted | All Equity Analysis

Current Tecnoglass Number Of Shares Shorted

    
  1.67 M  
Most of Tecnoglass' fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tecnoglass is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tecnoglass Number Of Shares Shorted Driver Correlations

Understanding the fundamental principles of building solid financial models for Tecnoglass is extremely important. It helps to project a fair market value of Tecnoglass Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Tecnoglass' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tecnoglass' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tecnoglass' interrelated accounts and indicators.
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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Competition

Based on the recorded statements, Tecnoglass has 1.67 M of outstending shares currently sold short by investors. This is 48.21% lower than that of the Construction Materials sector and 34.89% lower than that of the Materials industry. The number of shares shorted for all United States stocks is 64.4% higher than that of the company.

Tecnoglass Number Of Shares Shorted Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tecnoglass' direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tecnoglass could also be used in its relative valuation, which is a method of valuing Tecnoglass by comparing valuation metrics of similar companies.
Tecnoglass is currently under evaluation in number of shares shorted category among its peers.

Tecnoglass Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tecnoglass from analyzing Tecnoglass' financial statements. These drivers represent accounts that assess Tecnoglass' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tecnoglass' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap366.8M320.6M1.2B1.5B2.2B2.3B
Enterprise Value578.8M478.2M1.4B1.5B2.2B2.3B

Tecnoglass ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tecnoglass' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tecnoglass' managers, analysts, and investors.
Environmental
Governance
Social

Tecnoglass Fundamentals

About Tecnoglass Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tecnoglass's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tecnoglass using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tecnoglass based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Tecnoglass Stock Analysis

When running Tecnoglass' price analysis, check to measure Tecnoglass' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tecnoglass is operating at the current time. Most of Tecnoglass' value examination focuses on studying past and present price action to predict the probability of Tecnoglass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnoglass' price. Additionally, you may evaluate how the addition of Tecnoglass to your portfolios can decrease your overall portfolio volatility.