PGT (PGTI) : The short interest in PGT (PGTI) has changed with an increase of 504,100 shares and the open interest is 21%. From 2,405,406 short positions on Jul 29, 2016, the shorts increased to 2,909,506 shares by August 15, 2016. There are 5 more days left for the expiry and the daily trading volume of the stock is 633,350 shares. The total interest of shorts is 6.2% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
PGT (NASDAQ:PGTI): The stock opened at $12.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $12.01 for the day. The stock traded down to $11.70 during the day, due to lack of any buying support eventually closed down at $11.70 with a loss of -2.90% for the day. The stock had closed at $12.05 on the previous day. The total traded volume was 158,013 shares.
In a related news,The officer (VP and General Counsel) of Pgt, Inc., Ferrucci Mario Iii sold 16,872 shares at $11.55 on August 9, 2016. The Insider selling transaction had a total value worth of $194,872. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
PGT, Inc. is a manufacturer and supplier of residential impact-resistant windows and doors. The Companys impact-resistant products are marketed under WinGuard, PremierVue, PGT Architectural Systems and PGT Commercial Storefront System brand names, combine heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris by maintaining their structural integrity and preventing penetration by impacting objects. The Company also manufactures non-impact resistant products in both aluminum and vinyl frames, including its SpectraGuard line of products. The Company conducts business in the Southeastern United States, Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America and Canada.