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TI Fluid Systems plc ( (GB:TIFS) ) has provided an announcement.
Morgan Stanley has reduced its stake in TI Fluid Systems PLC, leading its total holdings to fall below the 5% threshold. This change prompted the application of the trading book exemption to the remaining 4.97% stake as of January 10, 2025, reflecting a strategic adjustment in Morgan Stanley’s investment approach.
More about TI Fluid Systems plc
TI Fluid Systems PLC operates in the automotive industry, specializing in fluid storage, carrying, and delivery systems. The company provides essential components for fuel, brake, and thermal management systems, primarily focusing on the automotive sector.
YTD Price Performance: 0.41%
Average Trading Volume: 4,219,822
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £954.5M
Find detailed analytics on TIFS stock on TipRanks’ Stock Analysis page.