Amphenol Corporation (APH) : Traders are increasing their bearish positions on the stock, as is visible by the 17.6% jump in the outstanding short positions; a total addition of 649,528 shares on the sell side. On Jul 29, 2016, the total short positions were 3,695,300 shares, which went up to 4,344,828 shares by the close of trading on August 15, 2016. It will take 5 days for the bears to roll over or cover. An average of 870,044 shares exchange hands daily. 1.4% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.
Amphenol Corporation (NYSE:APH): The stock opened at $61.46 on Wednesday but the bulls could not build on the opening and the stock topped out at $61.86 for the day. The stock traded down to $61.31 during the day, due to lack of any buying support eventually closed down at $61.43 with a loss of -0.08% for the day. The stock had closed at $61.48 on the previous day. The total traded volume was 896,477 shares.
In a related news,The officer (SR VP & GGM EUR MIL & AERO OPS) of Amphenol Corp /De/, Walter Luc sold 35,000 shares at $60.38 on August 11, 2016. The Insider selling transaction had a total value worth of $2,113,300. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments: Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment primarily designs, manufacturers and markets a range of connector and connector systems, value-add products and other products, including antennas and sensors, used in a range of applications in a diverse set of end markets. The Cable Products and Solutions segment primarily designs, manufacturers and markets cable, value-added products and components for use primarily in the broadband communications and information technology markets, as well as certain applications in other markets.