PolyOne Corporation (POL) has 1,396,036 shares of shorts outstanding as on August 15, 2016, with 3 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 1,487,092 shares. The stock has a decent trading volume of 414,854 shares daily. The marginal decrease in the short positions is by -6.1%, which amounts to -91,056 shares. Short positions are 1.7% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
PolyOne Corporation (NYSE:POL): The stock opened at $34.02 on Wednesday but the bulls could not build on the opening and the stock topped out at $34.02 for the day. The stock traded down to $33.50 during the day, due to lack of any buying support eventually closed down at $33.63 with a loss of -1.20% for the day. The stock had closed at $34.04 on the previous day. The total traded volume was 311,578 shares.
In a related news, Powell William Howard, director of Polyone Corp, unloaded 5,881 shares at an average price of $36.7 on May 24, 2016. The total amount of the transaction was worth $215,833, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
PolyOne Corporation (PolyOne) is a provider of polymer materials, services and solutions. The Company offers specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions, and polymer distribution. The Company operates in five segments: Global Color, Additives and Inks; which provides color and additive concentrates; Global Specialty Engineered Materials, which offers polymer formulations, services and solutions; Designed Structures and Solutions, which provides solutions for engineered polymer structures, rigid barrier packaging and specialty cast acrylics; Performance Products and Solutions segment, consists of the Geon Performance Materials (Geon) and Producer Services business units, and PolyOne Distribution segment distributes engineering and commodity grade resins. It offers ColorMatrix fiber colorant solutions, which provides late-stage color injection in fiber applications utilizing liquid solutions.