Short Interest Update on Endurance International Group Holdings (EIGI)

Endurance International Group Holdings (EIGI) : The short interest in Endurance International Group Holdings (EIGI) has changed with an increase of 2,277,894 shares and the open interest is 40.7%. From 5,592,486 short positions on Jul 29, 2016, the shorts increased to 7,870,380 shares by August 15, 2016. There are 5 more days left for the expiry and the daily trading volume of the stock is 1,543,443 shares. The total interest of shorts is 9.8% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Endurance International Group Holdings (NASDAQ:EIGI): The stock opened at $8.07 on Wednesday but the bulls could not build on the opening and the stock topped out at $8.22 for the day. The stock traded down to $7.95 during the day, due to lack of any buying support eventually closed down at $7.99 with a loss of -0.99% for the day. The stock had closed at $8.07 on the previous day. The total traded volume was 430,342 shares.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Endurance International Group Holdings, Inc., Sadrian Justin, had purchased 363,000 shares in a transaction dated on August 17, 2016. The transaction was executed at $7.68 per share with total amount equaling $2,787,840.

Endurance International Group Holdings, Inc. (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. Leveraging the Companys technology platform, it serves approximately 4.1 million subscribers across the globe with an integrated suite of over 150 products and services that help SMBs get online, get found and grow their businesses. The products and services available on its platform include domains, Website builders, Web hosting, email, security, storage, site backup, search engine optimization (SEO), and search engine marketing (SEM), social media services, Website analytics, mobile device tools and productivity and e-commerce solutions. It conducts operations in the United States, Brazil, India and the United Kingdom. It also has third-party contract support services assisting customers in China and Singapore.

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