Energizer Holdings (ENR) : The traders have covered their outstanding shorts in Energizer Holdings (ENR) to the tune of -241,037 shares, a change of -4.3%. As on Jul 29, 2016, the outstanding shorts on the stock were 5,623,936 shares, however, by August 15, 2016, the shorts had reduced to 5,382,899 shares. The covering shows that the traders dont believe that a large downside exists in the stock from current levels. The open short positions equal 8.8% of the free float of the stock. It takes 7 days to cover the outstanding short positions. The stock has an average daily volume of 768,482 shares. The short interest information was released on Wednesday Aug 24th after the market close.
Energizer Holdings (NYSE:ENR): The stock opened at $49.53 on Wednesday but the bulls could not build on the opening and the stock topped out at $49.53 for the day. The stock traded down to $48.19 during the day, due to lack of any buying support eventually closed down at $48.36 with a loss of -1.99% for the day. The stock had closed at $49.34 on the previous day. The total traded volume was 493,550 shares.
In a related news, The officer (EVP, Chief Supply Chain Off.), of Energizer Holdings, Inc., Kinder Gregory T had unloaded 8,954 shares at $40.4 per share in a transaction on March 9, 2016. The total value of transaction was $361,742. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Energizer Holdings, Inc., formerly Energizer SpinCo, Inc., manufactures and markets batteries and portable lighting products. The Company is focused on household products business. The Companys brands include Energizer and Eveready. In addition to the Energizer and Eveready brands, the Company also markets its flashlights under the Hard Case, Dolphin, and Weather Ready sub-brands. Its products include Schick and Wilkinson Sword mens and womens shaving systems and disposables; Edge and Skintimate shave preparations; Playtex tampons, gloves and infant feeding products; Banana Boat and Hawaiian Tropic sun care products, and Wet Ones moist wipes. The Company four geographic segments include North America, which is comprised of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, Middle East and Africa (EMEA), and Asia Pacific, which is comprised of its markets in Asia, Australia and New Zealand.