Allegion plc (ALLE) has 1,464,753 shares of shorts outstanding as on August 15, 2016, with 2 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 1,749,481 shares. The stock has a decent trading volume of 622,563 shares daily. The marginal decrease in the short positions is by -16.3%, which amounts to -284,728 shares. Short positions are 1.5% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Allegion plc (NYSE:ALLE): The stock opened at $72.01 on Wednesday but the bulls could not build on the opening and the stock topped out at $72.25 for the day. The stock traded down to $71.66 during the day, due to lack of any buying support eventually closed down at $71.80 with a loss of -0.53% for the day. The stock had closed at $72.18 on the previous day. The total traded volume was 484,054 shares.
In a related news,The officer (Sr. Vice President) of Allegion Plc, Yu Feng William sold 21,535 shares at $72.8 on August 1, 2016. The Insider selling transaction had a total value worth of $1,567,748. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Allegion plc is a provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. Its products include door closers and controls, electronic security products, exit devices, time, attendance and workforce productivity systems, door and door frames (steel), electronic and biometric access control systems, locks, locksets and key systems, video analytics systems and other accessories. The Companys products also include an array of sealing systems, such as sound control, fire and smoke protection, threshold applications, lites, door louvers, intumescent products, photo-luminescent and flood barrier for doors.It operates in three geographic segments: Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. The Companys brands include CISA, FALCON, Briton, Schlage, Bricard, LCN, Von Duprin, STEELCRAFT, NORMBAU and INAFER, among others.