Short Interest Update on Ashland (ASH)

Ashland (ASH) : The short interest in Ashland (ASH) has changed with an increase of 111,971 shares and the open interest is 7.9%. From 1,411,175 short positions on Jul 29, 2016, the shorts increased to 1,523,146 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 348,344 shares. The total interest of shorts is 2.5% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Ashland (NYSE:ASH): The stock opened at $115.68 on Wednesday but the bulls could not build on the opening and the stock topped out at $115.71 for the day. The stock traded down to $114.06 during the day, due to lack of any buying support eventually closed down at $115.30 with a loss of -0.32% for the day. The stock had closed at $115.67 on the previous day. The total traded volume was 231,825 shares.


In a related news,The officer (Vice President) of Ashland Inc., Schumann Anne T. sold 496 shares at $121.61 on July 18, 2016. The Insider selling transaction had a total value worth of $60,319. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Ashland Inc. (Ashland) is a specialty chemical company that provides products, services and solutions to industries. The Companys segments are: Ashland Specialty Ingredients offers products, technologies and resources in key markets including personal and home care, pharmaceutical, food and beverage, coatings, construction, energy and other industries; Ashland Water Technologies is a supplier of specialty chemicals and services to the pulp, paper, mining, food and beverage, power generation, refining, chemical processing, general manufacturing and municipal markets. Ashland Performance Materials helps customers to create substitutes for traditional materials through higher performing, cost-efficient resin and adhesive technologies that improve the manufacturing, fabrication and design process, and Ashland Consumer Markets delivers premium-branded automotive, commercial and industrial lubricants, automotive chemicals and car-care products.

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