Short Interest Update on Brightcove (BCOV)

Brightcove (BCOV) : The short interest in Brightcove (BCOV) has changed with an increase of 46,911 shares and the open interest is 7.8%. From 604,516 short positions on Jul 29, 2016, the shorts increased to 651,427 shares by August 15, 2016. There are 1 more days left for the expiry and the daily trading volume of the stock is 437,382 shares. The total interest of shorts is 2.1% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Brightcove (NASDAQ:BCOV): The stock opened at $11.98 on Wednesday but the bulls could not build on the opening and the stock topped out at $12.04 for the day. The stock traded down to $11.70 during the day, due to lack of any buying support eventually closed down at $11.70 with a loss of -2.17% for the day. The stock had closed at $11.96 on the previous day. The total traded volume was 127,268 shares.


In a related news,The director of Brightcove Inc, Allaire Jeremy sold 40,000 shares at $7.18 on May 20, 2015. The Insider selling transaction had a total value worth of $287,200. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Brightcove Inc. (Brightcove) is a provider of cloud-based services for video. The Companys flagship product Brightcove Video Cloud (or) Video Cloud is the online video platform which enables its customers to publish and distribute video to Internet-connected devices. Its other products and services include Brightcove Zencoder (Zencoder), Brightcove Once (Once), Brightcove Gallery (Gallery), Brightcove Perform (Perform) and Brightcove Video Marketing Suite (Video Marketing Suite). Zencoder is a cloud-based video encoding service. Once is a cloud-based ad insertion and video stitching service. Gallery is a cloud-based service that enables customers to create and publish video portals. Perform is a cloud-based service for creating and managing video player experiences. Video Marketing Suite is a suite of video technologies. It provides its solutions to media companies, broadcasters, brands and corporations, as well as Governments, educational institutions and non-profit organizations.

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