GasLog LP. (GLOG) : The short interest in GasLog LP. (GLOG) has increased from 3,943,274 to 4,257,331 from Jul 29, 2016, to August 15, 2016, indicating that the traders are bearish on the stock. On an average, 624,741 shares are traded daily in the stock and only 7 days are left for the shorts to cover. The short open interest is 10.4% of the total shares in the hands of the public. The shorts in the stock have gone up by 314,057 shares, which is an increase of 8% over the previous reading. The short interest information was released on Wednesday Aug 24th after the market close.
GasLog LP. (NYSE:GLOG): The stock opened at $14.11 on Wednesday but the bulls could not build on the opening and the stock topped out at $14.30 for the day. The stock traded down to $13.85 during the day, due to lack of any buying support eventually closed down at $13.93 with a loss of -1.97% for the day. The stock had closed at $14.21 on the previous day. The total traded volume was 508,089 shares.
GasLog Ltd. (GasLog) is a holding company. The Company and its subsidiaries are primarily engaged in the ownership, operation and management of vessels in the Liquefied natural gas (LNG) market. The Company operates in two segments: vessel ownership and vessel management. The Company provides maritime services for the transportation of LNG on a across the world basis and LNG vessel management services. The Company conducts its operations through its vessel-owning subsidiaries and through its vessel management services subsidiary. Its subsidiaries include GasLog Investments Ltd., GasLog Carriers Ltd., GasLog Shipping Company Ltd., GasLog Monaco S.A.M., GAS-one Ltd., GAS-seven Ltd., GAS-twelve Ltd., GAS-twenty one Ltd., GasLog Shipping Limited and Egypt LNG Shipping Ltd., among others. Its wholly owned fleet consists of approximately 20 LNG carriers, including over 11 ships in operation, over seven LNG carriers on order at Samsung and over two LNG carriers on order at Hyundai.