Short Interest Update on GulfMark Offshore (GLF)

GulfMark Offshore (GLF) : The short interest in GulfMark Offshore (GLF) has changed with an increase of 22,912 shares and the open interest is 0.5%. From 4,514,463 short positions on Jul 29, 2016, the shorts increased to 4,537,375 shares by August 15, 2016. There are 13 more days left for the expiry and the daily trading volume of the stock is 357,235 shares. The total interest of shorts is 18.1% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

GulfMark Offshore (NYSE:GLF): The stock opened at $2.52 on Wednesday but the bulls could not build on the opening and the stock topped out at $2.53 for the day. The stock traded down to $2.29 during the day, due to lack of any buying support eventually closed down at $2.33 with a loss of -7.91% for the day. The stock had closed at $2.53 on the previous day. The total traded volume was 586,472 shares.


In a related news, The Securities and Exchange Commission has divulged that Gordon Sheldon S, director of Gulfmark Offshore Inc, had unloaded 9,614 shares at an average price of $5.01 in a transaction dated on December 10, 2015. The total value of the transaction was worth $48,166.

GulfMark Offshore, Inc. provides offshore marine support and transportation services. The Company offers these services to companies engaged in the offshore exploration and production of oil and natural gas. The Company operates in three segments: the North Sea (N. Sea), which defines the North Sea market as offshore Norway, Great Britain, the Netherlands, Denmark, Germany, Ireland, the Faeroes Islands, Greenland and the Barents Sea; Southeast Asia (SEA), which is defined as offshore Asia bounded on the west by the Indian subcontinent and on the north by China, then south to Australia and east to the Pacific Islands and the Americas, which defines the Americas market as offshore North, Central and South America, specifically, including the United States, Mexico, Trinidad and Brazil. It operates a fleet of 75 offshore supply vessels (OSVs) in the regions, which include 32 vessels in the North Sea, 13 vessels offshore Southeast Asia and 30 vessels offshore the Americas.

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