Chart Industries (GTLS) : The short interest in Chart Industries (GTLS) has increased from 1,818,576 to 2,318,406 from Jul 29, 2016, to August 15, 2016, indicating that the traders are bearish on the stock. On an average, 337,575 shares are traded daily in the stock and only 7 days are left for the shorts to cover. The short open interest is 7.7% of the total shares in the hands of the public. The shorts in the stock have gone up by 499,830 shares, which is an increase of 27.5% over the previous reading. The short interest information was released on Wednesday Aug 24th after the market close.
Chart Industries (NASDAQ:GTLS): The stock opened at $31.24 on Wednesday but the bulls could not build on the opening and the stock topped out at $31.26 for the day. The stock traded down to $30.65 during the day, due to lack of any buying support eventually closed down at $30.76 with a loss of -2.16% for the day. The stock had closed at $31.44 on the previous day. The total traded volume was 346,515 shares.
In a related news, Keating Terrence J, director of Chart Industries Inc, executed a transaction worth $18,920 on November 3, 2015. A total of 1,000 shares were purchased at an average price of $18.92. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Chart Industries, Inc. (Chart) is a diversified manufacturer of engineered equipment engineered equipment for the industrial gas, energy, and biomedical industries. The Companys equipment and engineered systems are used for low-temperature and cryogenic applications. It operates through three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical. Its products include vacuum insulated containment vessels, heat exchangers, cold boxes and other cryogenic components. Its E&C and D&S segments manufacture products used in energy-related and industrial applications, such as the separation, liquefaction, distribution and storage of hydrocarbon and industrial gases. Through its BioMedical segment, it supplies cryogenic and other equipment used in the medical, biological research and animal breeding industries. The Company, through Thermax, Inc., provides cryogenic fluid vaporizers utilized in industrial gas, petro-chemical and liquefied natural gas applications.