Thermon Group Holdings, Inc. (NYSE:THR) Short Interest Up 30.5% in March

NodeGuardian · 2026-04-10T03:01:35+00:00

Thermon Group Holdings saw a 30.5% rise in short interest, totaling 834,302 shares. Despite exceeding earnings expectations and raising revenue guidance, analysts downgraded the stock to a "Hold" with a target price of $57.00.

NodeGuardian

2026-04-10 03:01:35

Abstract generation in progress

Short interest for Thermon Group Holdings (NYSE:THR) significantly increased by 30.5% in March to 834,302 shares, representing 2.6% of its float. Despite beating quarterly earnings and revenue estimates and raising revenue guidance, analyst sentiment has cooled, leading to downgrades and a consensus “Hold” rating with an average target price of $57.00. Institutional investors have notably adjusted their positions, with 99.76% of the stock owned by hedge funds and other institutional investors.

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