Buffalo Wild Wings (BWLD) has 2,084,456 shares of shorts outstanding as on August 15, 2016, with 4 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 2,280,107 shares. The stock has a decent trading volume of 549,425 shares daily. The marginal decrease in the short positions is by -8.6%, which amounts to -195,651 shares. Short positions are 11.5% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Buffalo Wild Wings (NASDAQ:BWLD): The stock opened at $162.82 on Wednesday but the bulls could not build on the opening and the stock topped out at $163.53 for the day. The stock traded down to $161.77 during the day, due to lack of any buying support eventually closed down at $162.11 with a loss of -0.18% for the day. The stock had closed at $162.40 on the previous day. The total traded volume was 268,742 shares.
In a related news, Smith Sally J, director officer (CEO & President) of Buffalo Wild Wings Inc, unloaded 2,000 shares at an average price of $166.02 on August 15, 2016. The total amount of the transaction was worth $332,040, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Buffalo Wild Wings, Inc. is an owner, operator, and franchisor of restaurants featuring a variety of menu items, including its Buffalo, New York-style chicken wings. The Company operates Buffalo Wild Wings and Emerging brands (PizzaRev and Rusty Taco) restaurants, as well as selling Buffalo Wild Wings and Rusty Taco restaurant franchises. It offers a variety of sauces and seasonings, which include Sweet BBQ, Teriyaki, Mild, Medium, Honey BBQ, Spicy Garlic, Buffalo, Desert Heat, Chipotle BBQ, Lemon Pepper and Salt & Vinegar, among others. Its menu includes a variety of food items, including Sharables, Wild Flatbreads, specialty hamburgers and sandwiches, wraps, Buffalito soft tacos and salads. Its restaurants offer domestic and imported beers on tap, including craft brews and a selection of bottled beers, wines, and liquor. It owned and operated approximately 490 company-owned restaurants.