Control4 Corporation (CTRL) : Traders are negative on Control4 Corporation (CTRL), as it has 12.2% of short positions outstanding compared to its float. The total shorts have reduced by -372,912 shares, which is a -14.1% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,2,654,611 to 2,281,699 shares. While the daily trading volume of the stock is 430,396, 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.
Control4 Corporation (NASDAQ:CTRL): The stock opened at $11.32 on Wednesday but the bulls could not build on the opening and the stock topped out at $11.37 for the day. The stock traded down to $11.29 during the day, due to lack of any buying support eventually closed down at $11.35 with a loss of -0.18% for the day. The stock had closed at $11.37 on the previous day. The total traded volume was 180,114 shares.
In a related news, The Securities and Exchange Commission has divulged that Molyneux Phil, director of Control4 Corp, had unloaded 1,178 shares at an average price of $11.03 in a transaction dated on August 16, 2016. The total value of the transaction was worth $12,993.
Control4 Corporation (Control4) is a provider of automation and control solutions for the connected home. The Company provides its consumers with the ability to integrate music, video, lighting, temperature, security, communications and other functionalities into a unified home automation solution. The Companys solution functions as the operating system of the home, making connected devices work together to control, automate and personalize the homes of its consumers. The Control4 product line includes the Control4 Home Operating System (C4 OS), and the associated application software and software development kits (SDKs). The software components include Director, Navigator, Composer Express, Composer Professional Edition, Composer Home Edition and Composer Media Edition, DriverWorks SDK, and Navigator SDK and Application SDK.