Short Interest Update on Carlisle Companies Incorporated (CSL)

Carlisle Companies Incorporated (CSL) : Traders are negative on Carlisle Companies Incorporated (CSL), as it has 2.3% of short positions outstanding compared to its float. The total shorts have reduced by -12,642 shares, which is a -0.9% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,1,480,094 to 1,467,452 shares. While the daily trading volume of the stock is 312,957, there are 5 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.

Carlisle Companies Incorporated (NYSE:CSL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $104.62 and $104.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $105.42. The buying momentum continued till the end and the stock did not give up its gains. It closed at $105.10, notching a gain of 0.22% for the day. The total traded volume was 206,171 . The stock had closed at $104.87 on the previous day.


In a related news,The officer (V.P., Corporate Development) of Carlisle Companies Inc, Selbach Scott C sold 36,085 shares at $105.68 on August 5, 2016. The Insider selling transaction had a total value worth of $3,813,463. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Carlisle Companies Incorporated (Carlisle) is a holding company for Carlisle Corporation and its wholly-owned subsidiaries. Carlisle is a diversified manufacturing company. The Company operates through four segments.. The Carlisle Construction Materials segment manufactures and sells rubber, thermoplastic polyolefin and polyvinyl chloride membrane roofing systems. The Carlisle Interconnect Technologies segment designs and manufactures wire, cable, connectors, contacts, and cable assemblies for the transfer of power and data for the aerospace, medical, defense electronics, test and measurement equipment. The Carlisle Brake & Friction segments products include brakes and friction material, and clutch and transmission friction material. The Carlisle FoodService Products segment is a manufacturer, distributor, and seller of commercial foodservice and janitorial products.

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