Short Interest Update on 21Vianet Group (VNET)

21Vianet Group (VNET) : The bears are holding on to their shorts in Accenture Plc with 3 more days remaining for them to cover their positions. The bearish positions have increased from 3,055,611 on Jul 29, 2016, to 3,206,402, on August 15, 2016. Daily, 1,042,880 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 150,791 shares, which is an increase of just 4.9%. The total short interest of 3.7% 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.

21Vianet Group (NASDAQ:VNET): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.82 and $8.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.85, notching a gain of 0.57% for the day. The total traded volume was 1,717,063 . The stock had closed at $8.80 on the previous day.


21Vianet Group, Inc. is a carrier-neutral Internet data center services provider in China. The Company hosts its customers servers and networking equipment and provides interconnectivity to improve the performance, availability and security of their Internet infrastructure. The Company also provides managed network services to enable customers to deliver data across the Internet in a faster and reliable manner through its data transmission network and smart routing technology. The Company provides complementary Internet infrastructure services, such as content delivery network (CDN) services, virtual private network (VPN) services and last-mile wired broadband services to improve the security, speed and quality of data transmission in China. It offers public cloud services, private cloud and hybrid services. In addition, the Company also offers container-based data center service.

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