Casella Waste Systems (CWST) : The bears are holding on to their shorts in Accenture Plc with 2 more days remaining for them to cover their positions. The bearish positions have increased from 545,017 on Jul 29, 2016, to 579,073, on August 15, 2016. Daily, 245,136 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 34,056 shares, which is an increase of just 6.3%. The total short interest of 1.5% 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.
Casella Waste Systems (NASDAQ:CWST): The stock opened at $9.30 on Wednesday but the bulls could not build on the opening and the stock topped out at $9.32 for the day. The stock traded down to $9.15 during the day, due to lack of any buying support eventually closed down at $9.16 with a loss of -1.40% for the day. The stock had closed at $9.29 on the previous day. The total traded volume was 113,250 shares.
In a related news, Johnson Edwin D, Officer (President & Coo) of CASELLA WASTE SYSTEMS INC, unloaded 6,491 shares at an average price of $7.56 on June 29, 2016. The total amount of the transaction was worth $49,072, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Casella Waste Systems, Inc. is a solid waste services company. The Company is engaged in the provision of resource management services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. Its operating segments include Eastern and Western, engaged in providing solid waste services; Recycling, consisting of the Companys recycling operations and commodity brokerage operations, and Other, including organic services, ancillary operations and industrial services. It provides integrated solid waste services in six states: Vermont, New Hampshire, New York, Massachusetts, Maine and Pennsylvania. As of January 30, 2015, the Company owned or operated 35 solid waste collection operations, 44 transfer stations, 18 recycling facilities, nine Subtitle D landfills, four landfill gas-to-energy facilities, and one landfill permitted to accept construction and demolition materials.