Trex Company, Inc. (TREX) Forms $108.37 Double Top; ADVA OPTICAL NTWKNG (ADVOF) Sellers Increased By 13.09% Their Shorts

ADVA OPTICAL NTWKNG (OTCMKTS:ADVOF) had an increase of 13.09% in short interest. ADVOF’s SI was 285,100 shares in February as released by FINRA. Its up 13.09% from 252,100 shares previously. With 2,300 avg volume, 124 days are for ADVA OPTICAL NTWKNG (OTCMKTS:ADVOF)’s short sellers to cover ADVOF’s short positions. It closed at $7.8 lastly. It is down 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Trex Company, Inc. (TREX) formed double top with $117.04 target or 8.00% above today’s $108.37 share price. Trex Company, Inc. (TREX) has $3.19 billion valuation. The stock decreased 0.18% or $0.2 during the last trading session, reaching $108.37. About 294,139 shares traded or 34.60% up from the average. Trex Company, Inc. (NYSE:TREX) has risen 51.54% since February 12, 2017 and is uptrending. It has outperformed by 34.84% the S&P500.

Since August 15, 2017, it had 0 insider buys, and 1 sale for $123,735 activity. MERLOTTI FRANK H JR sold 2,093 shares worth $158,457. On Tuesday, January 16 GRATZ JAY M sold $123,735 worth of Trex Company, Inc. (NYSE:TREX) or 1,058 shares.

Among 9 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Trex Co has $125 highest and $45 lowest target. $103.67’s average target is -4.34% below currents $108.37 stock price. Trex Co had 22 analyst reports since September 24, 2015 according to SRatingsIntel. The stock of Trex Company, Inc. (NYSE:TREX) earned “Hold” rating by Stifel Nicolaus on Tuesday, October 31. The stock of Trex Company, Inc. (NYSE:TREX) earned “Outperform” rating by FBR Capital on Friday, February 26. CL King downgraded the shares of TREX in report on Wednesday, October 28 to “Buy” rating. FBR Capital downgraded the stock to “Mkt Perform” rating in Tuesday, November 22 report. The stock of Trex Company, Inc. (NYSE:TREX) has “Strong Buy” rating given on Thursday, October 1 by CLSA. The firm has “Hold” rating by Sidoti given on Monday, October 2. The rating was upgraded by Seaport Global on Thursday, June 1 to “Buy”. The firm has “Outperform” rating by Wedbush given on Thursday, September 24. Wedbush maintained the shares of TREX in report on Wednesday, October 19 with “Neutral” rating. The stock of Trex Company, Inc. (NYSE:TREX) earned “Buy” rating by Seaport Global on Thursday, January 11.

Investors sentiment increased to 1.35 in 2017 Q3. Its up 0.11, from 1.24 in 2017Q2. It is positive, as 14 investors sold Trex Company, Inc. shares while 63 reduced holdings. 31 funds opened positions while 73 raised stakes. 25.84 million shares or 3.17% less from 26.69 million shares in 2017Q2 were reported. Oppenheimer & Incorporated has invested 0.02% in Trex Company, Inc. (NYSE:TREX). Fiera Cap holds 142,912 shares or 0.06% of its portfolio. Manufacturers Life Insurance The owns 22,292 shares for 0% of their portfolio. Sawgrass Asset Ltd Llc invested in 0.03% or 5,995 shares. Ameritas Inv Partners has invested 0.01% of its portfolio in Trex Company, Inc. (NYSE:TREX). Conestoga Capital Advisors Ltd Liability Co invested in 592,634 shares. Eulav Asset owns 16,000 shares for 0.07% of their portfolio. The Texas-based Westwood Grp Inc Inc has invested 0.2% in Trex Company, Inc. (NYSE:TREX). 16,000 are owned by U S Glob Invsts. Kornitzer Mgmt Incorporated Ks reported 101,255 shares. United Svcs Automobile Association owns 89,300 shares. Cwm Ltd Liability Com holds 0% of its portfolio in Trex Company, Inc. (NYSE:TREX) for 228 shares. First Mercantile Tru invested in 6,746 shares. Rhumbline Advisers reported 0.01% stake. Tiverton Asset Mngmt Limited Liability Corp accumulated 46,738 shares or 0.24% of the stock.