Short Interest Update on National Instruments Corporation (NATI)

National Instruments Corporation (NATI) : The bears are holding on to their shorts in Accenture Plc with 10 more days remaining for them to cover their positions. The bearish positions have increased from 3,459,856 on Jul 29, 2016, to 4,477,437, on August 15, 2016. Daily, 468,423 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 1,017,581 shares, which is an increase of just 29.4%. The total short interest of 3.9% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

National Instruments Corporation (NASDAQ:NATI): The stock opened at $28.30 on Wednesday but the bulls could not build on the opening and the stock topped out at $28.31 for the day. The stock traded down to $28.11 during the day, due to lack of any buying support eventually closed down at $28.18 with a loss of -0.67% for the day. The stock had closed at $28.37 on the previous day. The total traded volume was 507,806 shares.


In a related news, Truchard James J, director officer 10% owner (President) of National Instruments Corp, had purchased 394,819 shares on May 23, 2016. The total value of the transaction was $10,857,523. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides a software and hardware platform for the development of systems needing measurement and control. The Company offers a line of measurement, automation and control products to work either separately, as stand-alone products or as an integrated system or as an integrated system. The Company offers volume licensing. The Company offers products, technology and services, which include system design software, programming tools, application software, hardware products and related driver software, NI education platform, software products for teaching and hardware products for teaching. The Company also offers NI Services, including hardware services and maintenance, software maintenance services and training and certification.

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