Short Interest Update on Scientific Games Corp (SGMS)

Scientific Games Corp (SGMS) : The short interest in Scientific Games Corp (SGMS) has changed with an increase of 303,016 shares and the open interest is 2.8%. From 10,962,751 short positions on Jul 29, 2016, the shorts increased to 11,265,767 shares by August 15, 2016. There are 6 more days left for the expiry and the daily trading volume of the stock is 1,746,928 shares. The total interest of shorts is 22.1% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Scientific Games Corp (NASDAQ:SGMS): The stock opened at $8.79 on Wednesday but the bulls could not build on the opening and the stock topped out at $8.88 for the day. The stock traded down to $8.50 during the day, due to lack of any buying support eventually closed down at $8.53 with a loss of -3.40% for the day. The stock had closed at $8.83 on the previous day. The total traded volume was 471,759 shares.


In a related news,The director of Scientific Games Corp, Cohen Peter A sold 20,900 shares at $9.94 on March 17, 2016. The Insider selling transaction had a total value worth of $207,746. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming and lottery industries. The Company operates in three segments: Gaming, Lottery and Interactive. Gaming segment designs, develops, manufactures, markets and distributes gaming machines, VLTs, server-based gaming machines, casino-management systems hardware and software, table game products, video lottery central monitoring and control systems. Lottery segment manufactures and sells instant games, as well as the provision of services, such as game design, sales and marketing support, specialty games and promotions, warehousing, as well as instant game category management. Interactive segment offers play-for-fun social games on Facebook, GooglePlay for Android devices, Apples iOS platform, Kindle platform and Microsoft Windows 8. Its brands include MONOPOLY, GREASE, Jackpot Party Progressive, AMC-THE WALKING DEAD, HARLEY-DAVIDSON and LOTERIA, among others.

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