FMC Corporation (FMC) has 6,255,262 shares of shorts outstanding as on August 15, 2016, with 6 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 6,817,421 shares. The stock has a decent trading volume of 1,007,186 shares daily. The marginal decrease in the short positions is by -8.2%, which amounts to -562,159 shares. Short positions are 4.7% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
FMC Corporation (NYSE:FMC): The stock opened at $48.02 on Wednesday but the bulls could not build on the opening and the stock topped out at $48.12 for the day. The stock traded down to $46.89 during the day, due to lack of any buying support eventually closed down at $47.01 with a loss of -2.45% for the day. The stock had closed at $48.19 on the previous day. The total traded volume was 543,528 shares.
In a related news, The Securities and Exchange Commission has divulged that Utecht Andrea E, officer (Exec. VP, General Counsel, Sec) of Fmc Corp, had unloaded 14,388 shares at an average price of $48.72 in a transaction dated on June 13, 2016. The total value of the transaction was worth $700,983.
FMC Corporation is a diversified chemical company. The Company serves agricultural, consumer and industrial markets with solutions, applications and products around the world. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The Companys FMC Agricultural Solutions segment develops, markets and sells three classes of crop protection chemicals, which include insecticides, herbicides and fungicides. The FMC Health and Nutrition segment focuses on food, pharmaceutical ingredients, nutraceuticals, personal care and similar markets. The pharmaceutical additives are used for binding, encapsulation and disintegrant applications. The Companys FMC Lithium segment manufactures lithium products.