Pearson Plc (PSO) : Traders are increasing their bearish positions on the stock, as is visible by the 4.9% jump in the outstanding short positions; a total addition of 31,366 shares on the sell side. On Jul 29, 2016, the total short positions were 638,415 shares, which went up to 669,781 shares by the close of trading on August 15, 2016. It will take 2 days for the bears to roll over or cover. An average of 357,139 shares exchange hands daily. 0.1% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.
Pearson Plc (NYSE:PSO): The stock opened at $11.44 on Wednesday but the bulls could not build on the opening and the stock topped out at $11.50 for the day. The stock traded down to $11.34 during the day, due to lack of any buying support eventually closed down at $11.36 with a loss of -0.70% for the day. The stock had closed at $11.44 on the previous day. The total traded volume was 193,164 shares.
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company creates and manages intellectual property, which it promotes and sells to its customers under brand names, to inform, educate and entertain. It operates in three segments: North America, Core and Growth. It has three lines of business corresponding to the key stages of learning: schools, higher education and professional, which includes the Financial Times (FT) Group. It delivers its content in a variety of forms and through a variety of channels, including books, newspapers and online services. The Company offers services, as well as content, from test creation, administration and processing to teacher development and school software. It operates in around 70 countries across the world. Pearson consists of its education business, including the FT Group and around 47% interest in Penguin Random House.