Short Interest Update on Autoliv (ALV)

Autoliv (ALV) : Traders are increasing their bearish positions on the stock, as is visible by the 15.5% jump in the outstanding short positions; a total addition of 685,234 shares on the sell side. On Jul 29, 2016, the total short positions were 4,413,099 shares, which went up to 5,098,333 shares by the close of trading on August 15, 2016. It will take 16 days for the bears to roll over or cover. An average of 317,492 shares exchange hands daily. 5.8% 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.

Autoliv (NYSE:ALV): The stock opened at $107.76 on Wednesday but the bulls could not build on the opening and the stock topped out at $107.87 for the day. The stock traded down to $106.34 during the day, due to lack of any buying support eventually closed down at $106.42 with a loss of -0.48% for the day. The stock had closed at $106.93 on the previous day. The total traded volume was 328,737 shares.


In a related news, The Securities and Exchange Commission has divulged that Alspaugh Robert W, director of Autoliv Inc, had unloaded 647 shares at an average price of $112.21 in a transaction dated on March 9, 2016. The total value of the transaction was worth $72,600.

Autoliv, Inc. is a developer, manufacturer and supplier of automotive safety systems to the automotive industry. The Companys range of product offerings includes passive safety systems and active safety systems. Passive safety systems are primarily meant to improve vehicle safety, and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, passive safety electronics, whiplash protection systems and child seats, and components for such systems. Active safety systems are designed to make driving easier and more comfortable and to intervene before a collision in order to make accidents avoidable or reduce the impact. Active safety products include automotive radars, night driving assist, camera-based vision systems, brake controls and other active safety systems. It has approximately 80 production facilities located in around 27 countries, consisting of both component factories and assembly factories.

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