Short Interest Update on Eastman Kodak Company (KODK)

Eastman Kodak Company (KODK) : The bears are holding on to their shorts in Accenture Plc with 9 more days remaining for them to cover their positions. The bearish positions have increased from 808,225 on Jul 29, 2016, to 857,665, on August 15, 2016. Daily, 100,295 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 49,440 shares, which is an increase of just 6.1%. The total short interest of 2.6% 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.

Eastman Kodak Company (NYSE:KODK): The stock opened at $16.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $16.16 for the day. The stock traded down to $15.82 during the day, due to lack of any buying support eventually closed down at $15.84 with a loss of -1.61% for the day. The stock had closed at $16.10 on the previous day. The total traded volume was 83,970 shares.


In a related news, Samuels Eric, officer (CAO and Corp. Controller) of Eastman Kodak Co, unloaded 579 shares at an average price of $15.52 on August 15, 2016. The total amount of the transaction was worth $8,986, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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