ALJ Regional Holdings, Inc. (ALJJ) Reaches $3.40 After 5.00% Up Move; Turning Point Brands (TPB) Shorts Down By 13.01%

May 16, 2017 - By Peter Erickson

The stock of ALJ Regional Holdings, Inc. (NASDAQ:ALJJ) is a huge mover today! About 107,644 shares traded or 167.72% up from the average. ALJ Regional Holdings, Inc. (NASDAQ:ALJJ) has risen 6.00% since April 16, 2017 and is uptrending. It has by 0.00% the S&P500.The move comes after 8 months positive chart setup for the $117.92 million company. It was reported on May, 16 by Barchart.com. We have $3.57 PT which if reached, will make NASDAQ:ALJJ worth $5.90M more.

Turning Point Brands Incorporated (NYSE:TPB) had a decrease of 13.01% in short interest. TPB’s SI was 74,200 shares in May as released by FINRA. Its down 13.01% from 85,300 shares previously. With 42,100 avg volume, 2 days are for Turning Point Brands Incorporated (NYSE:TPB)’s short sellers to cover TPB’s short positions. The SI to Turning Point Brands Incorporated’s float is 2.38%. About 29,918 shares traded. Turning Point Brands Inc (NYSE:TPB) has risen 6.00% since April 16, 2017 and is uptrending. It has underperformed by 4.65% the S&P500.

ALJ Regional Holdings, Inc. is a holding company. The company has market cap of $117.92 million. The Company’s divisions include Faneuil, Inc. , Floors-N-More, LLC (Carpets) and Phoenix Color Corp. (Phoenix). It has a 11.16 P/E ratio. The Faneuil segment provides business processing solutions for a client portfolio that includes both commercial and government entities across several verticals, including transportation, government services, utilities and healthcare.

Turning Point Brands, Inc. is an independent well-known provider of Other Tobacco Products in the United States. The company has market cap of $291.96 million. The Firm operates in three divisions smokeless products, smoking products and NewGen products. It has a 11.7 P/E ratio. The smokeless products segment makes and markets moist snuff; and contracts for and markets chewing tobacco products.