Short Interest Update on FLIR Systems (FLIR)

FLIR Systems (FLIR) : 2 days before expiry, shorts in FLIR Systems (FLIR) have reduced from 2,417,508 on Jul 29, 2016, to 2,194,328 on August 15, 2016. On an average, 933,064 shares are traded on the exchange. The outstanding bearish positions are equal to 1.6% of the float. Short sellers have covered -223,180 shares, a reduction of -9.2%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

FLIR Systems (NASDAQ:FLIR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.60 and $30.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.30, notching a gain of 2.22% for the day. The total traded volume was 1,126,022 . The stock had closed at $30.62 on the previous day.


In a related news, The director, of Flir Systems Inc, Lewis Earl R had unloaded 52,288 shares at $30.99 per share in a transaction on June 3, 2016. The total value of transaction was $1,620,405. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

FLIR Systems, Inc. (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and advanced threat-detection solutions. The Companys operating segments include: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image, measure and assess thermal energy, gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors, instruments and integrated platform solutions for the detection, identification and suppression of chemical and other related threats.

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