Bemis Company (BMS) : The bears are holding on to their shorts in Accenture Plc with 5 more days remaining for them to cover their positions. The bearish positions have increased from 3,424,292 on Jul 29, 2016, to 3,841,332, on August 15, 2016. Daily, 826,190 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 417,040 shares, which is an increase of just 12.2%. The total short interest of 4.1% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.
Bemis Company (NYSE:BMS): The stock opened at $51.59 on Wednesday but the bulls could not build on the opening and the stock topped out at $51.80 for the day. The stock traded down to $51.28 during the day, due to lack of any buying support eventually closed down at $51.34 with a loss of -0.70% for the day. The stock had closed at $51.70 on the previous day. The total traded volume was 604,226 shares.
In a related news,The director of Bemis Co Inc, Perry Edward N sold 1,492 shares at $46.35 on December 3, 2015. The Insider selling transaction had a total value worth of $69,154. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Bemis Company, Inc. is a manufacturer of packaging products. The Company operates through two business segments: U.S. Packaging and Global Packaging. The U.S. Packaging segment manufactures multilayer polymer, blown and cast film structures to produce packaging for food and personal care product applications, as well as non-food applications. The Global Packaging segment manufactures multilayer polymer, blown and cast film structures to produce packaging for a range of food, medical, pharmaceutical, personal care, electronics and industrial applications. The Company offers its products primarily to the customers in the food industry. Its other customers include companies operating in a range of businesses, including chemical, agribusiness, medical, pharmaceutical, personal care, electronics, automotive, construction, and other consumer goods.