Tecnoglass Stock Short Ratio

TGLS Stock  USD 81.38  2.04  2.57%   
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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tecnoglass Company Short Ratio Analysis

Tecnoglass' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

 = 

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Tecnoglass Short Ratio

    
  9.96 X  
Most of Tecnoglass' fundamental indicators, such as Short Ratio, 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 Short Ratio 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 Short Ratio. 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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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Competition

Tecnoglass Price To Sales Ratio

Price To Sales Ratio

2.74

At this time, Tecnoglass' Price To Sales Ratio is comparatively stable compared to the past year.
Based on the latest financial disclosure, Tecnoglass has a Short Ratio of 9.96 times. This is 149.0% higher than that of the Construction Materials sector and 70.26% higher than that of the Materials industry. The short ratio for all United States stocks is 149.0% lower than that of the firm.

Tecnoglass Short Ratio 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 Short Ratio 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 short ratio 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 Institutional Holders

Institutional Holdings refers to the ownership stake in Tecnoglass that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tecnoglass' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tecnoglass' value.
Shares
Geode Capital Management, Llc2024-09-30
500.3 K
Vanguard Group Inc2024-09-30
485.9 K
Neumeier Investment Counsel Llc2024-09-30
426.9 K
Broad Bay Capital Management, Lp2024-09-30
420.9 K
Victory Capital Management Inc.2024-09-30
398.1 K
Frontier Capital Management Co Inc2024-09-30
382.7 K
Clearbridge Advisors, Llc2024-09-30
351.3 K
Adage Capital Partners Gp Llc2024-06-30
341.6 K
State Street Corp2024-06-30
323 K
Fmr Inc2024-09-30
3.6 M
William Blair Investment Management, Llc2024-09-30
1.6 M

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.