Short Interest Update on PVH (PVH)

PVH (PVH) : Traders are getting increasingly bearish on PVH (PVH), as can be seen in the addition of short positions from 1,113,700 on Jul 29, 2016, to 1,418,939 on August 15, 2016. The net change in shorts is 305,239 shares, an increase of 27.4%. 2 days remain before the expiry. The 1.8% of outstanding short positions on the stock compared to its float, shows that traders expect the stock to fall from the current levels. The daily volume of the stock is 779,892. The short interest information was released on Wednesday Aug 24th after the market close.

PVH (NYSE:PVH): The stock opened at $110.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $110.01 for the day. The stock traded down to $107.53 during the day, due to lack of any buying support eventually closed down at $108.82 with a loss of -0.67% for the day. The stock had closed at $109.55 on the previous day. The total traded volume was 1,549,534 shares.


In a related news, Rosenfeld Edward R., director of Pvh Corp. /De/ had purchased 1,000 shares on June 17, 2016 in a transaction. The price per share was $98.64 and the total amount of the disclosed transaction was $98,640.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

PVH Corp. is an apparel company. The Companys brand portfolio consists Calvin Klein and Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warners, Olga and Eagle, which are owned brands, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection, Chaps, Donald J. Trump Signature Collection, DKNY, Nautica, Ted Baker, J. Garcia, Claiborne, Ike Behar, Jones New York and Ryan Seacrest, which are licensed, as well as various other licensed and private label brands. It designs and markets branded dress shirts, neckwear, sportswear, jeanswear, intimate apparel, swim products and, to a lesser extent, handbags, footwear and other related products. It manages its operations through its operating divisions, which are presented as six segments: Calvin Klein North America; Calvin Klein International; Tommy Hilfiger North America; Tommy Hilfiger International; Heritage Brands Wholesale, and Heritage Brands Retail.

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