Short Interest Update on Barnes & Noble (BKS)

Barnes & Noble (BKS) : The short interest in Barnes & Noble (BKS) has increased from 4,442,429 to 4,447,247 from Jul 29, 2016, to August 15, 2016, indicating that the traders are bearish on the stock. On an average, 446,723 shares are traded daily in the stock and only 10 days are left for the shorts to cover. The short open interest is 7.9% of the total shares in the hands of the public. The shorts in the stock have gone up by 4,818 shares, which is an increase of 0.1% over the previous reading. The short interest information was released on Wednesday Aug 24th after the market close.

Barnes & Noble (NYSE:BKS): The stock opened at $11.54 on Wednesday but the bulls could not build on the opening and the stock topped out at $11.68 for the day. The stock traded down to $11.36 during the day, due to lack of any buying support eventually closed down at $11.42 with a loss of -1.64% for the day. The stock had closed at $11.61 on the previous day. The total traded volume was 651,503 shares.


In a related news, Cowen Scott S, director of Barnes & Noble Inc, executed a transaction worth $41,400 on January 15, 2016. A total of 5,000 shares were purchased at an average price of $8.28. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Barnes & Noble, Inc. is a retailer of content, digital media and educational products. The Companys segments include Barnes & Noble Retail (B&N Retail) and NOOK. The Company is a content, commerce and technology company, which provides access to trade books, textbooks, magazines, newspapers and other content across its multi-channel distribution platform. The Companys principal business is the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), childrens books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, emblematic apparel and gifts, school and dorm supplies, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on The Company operates approximately 648 bookstores in around 50 states.

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