Short Interest Update on Allied World Assurance Company Holdings AG (AWH)

Allied World Assurance Company Holdings AG (AWH) : Traders are negative on Allied World Assurance Company Holdings AG (AWH), as it has 0.8% of short positions outstanding compared to its float. The total shorts have reduced by -8,873 shares, which is a -1.4% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,650,577 to 641,704 shares. While the daily trading volume of the stock is 434,678, there are 1 days remaining to cover the open short positions. The short interest indicates that the traders dont see a large downside in the stock from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Allied World Assurance Company Holdings AG (NYSE:AWH): The stock opened at $40.08 on Wednesday but the bulls could not build on the opening and the stock topped out at $40.19 for the day. The stock traded down to $39.98 during the day, due to lack of any buying support eventually closed down at $40.12 with a loss of -0.12% for the day. The stock had closed at $40.17 on the previous day. The total traded volume was 303,914 shares.

Allied

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the CFO of Allied World Assurance Co Holdings, Ag, Bradley Thomas A had purchased shares worth of $94,110 in a transaction dated on February 10, 2016. A total of 3,000 shares were purchased at a price of $31.37 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Allied World Assurance Company Holdings Ltd is a Germany-based holding company. The Company is a global provider of a diversified portfolio of property and casualty insurance and reinsurance products with operations in Australia, Bermuda, Canada, Europe, Hong Kong, Singapore and the United States. The Company operates in three segments: North American Insurance, which includes its direct specialty insurance operations in the United States, Bermuda and Canada, as well as the Companys claim administration services operation, and provides both direct property and specialty casualty insurance to North American domiciled accounts; Global Markets Insurance, which includes its direct insurance operations in Europe and Asia Pacific, and provides both direct property and casualty insurance, and Reinsurance, which includes the reinsurance of property, general casualty, professional liability, specialty lines and property catastrophe coverages written by insurance companies.

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