Short Interest Update on Church & Dwight Company (CHD)

Church & Dwight Company (CHD) : The conviction of the bears is waning as is visible by the drop in the short positions from Jul 29, 2016, to August 15, 2016. The total outstanding shorts decreased from 4,548,003 to 4,515,722 shares, with 7 days to go before the expiry. The short open interest has decreased by -0.7%, amounting to a reduction of -32,281 shares. Only a handful of traders believe that the stock has a large downside from current levels, as seen in the low short interest of 3.5% of the float of the company. The average daily volume of the stock is 629,279 shares. The short interest information was released on Wednesday Aug 24th after the market close.

Church & Dwight Company (NYSE:CHD): The stock opened at $99.55 on Wednesday but the bulls could not build on the opening and the stock topped out at $99.70 for the day. The stock traded down to $98.38 during the day, due to lack of any buying support eventually closed down at $99.15 with a loss of -0.56% for the day. The stock had closed at $99.71 on the previous day. The total traded volume was 579,068 shares.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Church & Dwight Co Inc /De/, Craigie James had sold 9,350 shares worth of $935,000 in a transaction dated August 18, 2016. In this transaction, 9,350 shares were sold at $100 per share.

Church & Dwight Co., Inc. develops, manufactures and markets a range of household, personal care and specialty products. The Company operates in three segments. The Consumer Domestic segment provides the power brands (ARM & HAMMER, TROJAN, OXICLEAN, SPINBRUSH, FIRST RESPONSE, NAIR, ORAJEL, XTRA, LIL CRITTERS and VITAFUSION) and other household and personal care products, such as SCRUB FREE, KABOOM and ORANGE GLO cleaning products, ANSWER home pregnancy and ovulation test kits, ARRID antiperspirant and CLOSE-UP and AIM toothpastes. The Consumer International segment sells personal care products, some of which use the same brands as the Companys domestic product lines, in International markets. The Specialty Products Division (SPD) is a producer of sodium bicarbonate, which it sells together with other specialty inorganic chemicals for industrial, institutional, medical and food applications. SPD also sells a range of animal nutrition and specialty cleaning products.

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