Short Interest Update on EarthLink Holdings (ELNK)

EarthLink Holdings (ELNK) : The short interest in EarthLink Holdings (ELNK) has changed with an increase of 57,240 shares and the open interest is 2.1%. From 2,773,982 short positions on Jul 29, 2016, the shorts increased to 2,831,222 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 780,191 shares. The total interest of shorts is 2.7% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

EarthLink Holdings (NASDAQ:ELNK): The stock opened at $6.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $6.57 for the day. The stock traded down to $6.29 during the day, due to lack of any buying support eventually closed down at $6.38 with a loss of -0.93% for the day. The stock had closed at $6.44 on the previous day. The total traded volume was 802,979 shares.


In a related news, Thurston R Michael, officer (Principal Accounting Officer) of Earthlink Holdings Corp., unloaded 15,234 shares at an average price of $6.51 on May 27, 2016. The total amount of the transaction was worth $99,173, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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