Short Interest Update on Leucadia National Corporation (LUK)

Leucadia National Corporation (LUK) : Traders are negative on Leucadia National Corporation (LUK), as it has 2.6% of short positions outstanding compared to its float. The total shorts have reduced by -1,042,096 shares, which is a -11.1% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,9,426,611 to 8,384,515 shares. While the daily trading volume of the stock is 1,725,815, there are 5 days remaining to cover the open short positions. The short interest indicates that the traders dont see a large downside in the stock from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Leucadia National Corporation (NYSE:LUK): The stock opened at $18.68 on Wednesday but the bulls could not build on the opening and the stock topped out at $18.98 for the day. The stock traded down to $18.53 during the day, due to lack of any buying support eventually closed down at $18.57 with a loss of -0.59% for the day. The stock had closed at $18.68 on the previous day. The total traded volume was 1,465,609 shares.


Leucadia National Corporation (Leucadia) is a diversified holding company engaged through its subsidiaries in a variety of businesses. The Companys business operations include capital markets and asset management. The capital markets business includes its securities, commodities, futures and foreign exchange brokerage trading provides the sales, trading, origination and advisory effort for various fixed income, equity and advisory activities and investment banking, which consist of underwritin

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