Short Interest Update on BCE (BCE)

BCE (BCE) : Traders are negative on BCE (BCE), as it has 1.1% of short positions outstanding compared to its float. The total shorts have reduced by -156,875 shares, which is a -1.6% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,9,888,426 to 9,731,551 shares. While the daily trading volume of the stock is 614,581, there are 16 days remaining to cover the open short positions. The short interest indicates that the traders dont see a large downside in the stock from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

BCE (NYSE:BCE): The stock opened at $48.01 on Wednesday but the bulls could not build on the opening and the stock topped out at $48.06 for the day. The stock traded down to $47.58 during the day, due to lack of any buying support eventually closed down at $47.95 with a loss of -0.10% for the day. The stock had closed at $48.00 on the previous day. The total traded volume was 487,255 shares.


BCE Inc. is a communications company. The Company provides residential, business and wholesale customers with a range of solutions to all their communications needs, including wireless, high-speed Internet, Internet protocol television (IPTV) and satellite TV, business Internet protocol (IP) broadband, and information and communications technology (ICT) services. The Companys segments include Bell Wireless, Bell Wireline and Bell Media. The Companys Bell Wireless segment provides wireless services that are available to virtually all of the Canadian population. The Bell Wireline segment includes voice and data network; high-speed fiber deployment, and bell direct to home (DTH) satellite television service. The Companys Bell Media segment offers specialty and pay television, radio, digital media and out-of-home advertising. The Company, through Bell media, operates approximately 110 radio stations in over 50 markets across Canada.

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