Short Interest Update on Rockwell Collins (COL)

Rockwell Collins (COL) : The bears are holding on to their shorts in Accenture Plc with 8 more days remaining for them to cover their positions. The bearish positions have increased from 4,982,684 on Jul 29, 2016, to 5,552,862, on August 15, 2016. Daily, 729,478 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 570,178 shares, which is an increase of just 11.4%. The total short interest of 4.3% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Rockwell Collins (NYSE:COL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $84.69 and $84.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $85.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $84.80, notching a gain of 0.13% for the day. The total traded volume was 521,950 . The stock had closed at $84.69 on the previous day.


In a related news, The Securities and Exchange Commission has divulged that King Bruce Michael, officer (Sr. VP, Operations) of Rockwell Collins Inc, had unloaded 3,174 shares at an average price of $85.48 in a transaction dated on July 14, 2016. The total value of the transaction was worth $271,314.

Rockwell Collins, Inc. is engaged in design, production and support of communications and aviation electronics for commercial and military customers around the world. The Companys products and systems are focused on aviation applications. It operates in two segments: Government Systems and Commercial Systems. The Companys Government Systems business provides a range of electronic products, systems and services to customers. The Companys Commercial Systems business supplies aviation electronics systems, products and services to customers located throughout the world. Its integrated system solutions and products cater to a range of markets. It also provides a range of services and support, including equipment repair and overhaul, service parts and field service engineering. It enables wireless distribution of digital information aboard the aircraft. Its portfolio of cabin products and services, allows airlines to stream video content to approximately 250 passengers simultaneously.

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