Monster Beverage Corporation (MNST) has 3,472,746 shares of shorts outstanding as on August 15, 2016, with 4 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 3,914,497 shares. The stock has a decent trading volume of 964,084 shares daily. The marginal decrease in the short positions is by -11.3%, which amounts to -441,751 shares. Short positions are 2.4% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Monster Beverage Corporation (NASDAQ:MNST): The stock opened at $157.09 on Wednesday but the bulls could not build on the opening and the stock topped out at $158.15 for the day. The stock traded down to $156.43 during the day, due to lack of any buying support eventually closed down at $156.92 with a loss of -0.29% for the day. The stock had closed at $157.38 on the previous day. The total traded volume was 600,362 shares.
In a related news, Kelly Thomas J, officer (Senior VP – Monster Energy Co.) of Monster Beverage Corp, unloaded 10,000 shares at an average price of $159.66 on August 9, 2016. The total amount of the transaction was worth $1,596,600, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.