Short Interest Update on Select Comfort Corporation (SCSS)

Select Comfort Corporation (SCSS) : The short interest in Select Comfort Corporation (SCSS) has changed with an increase of 33,083 shares and the open interest is 0.7%. From 4,513,085 short positions on Jul 29, 2016, the shorts increased to 4,546,168 shares by August 15, 2016. There are 7 more days left for the expiry and the daily trading volume of the stock is 606,810 shares. The total interest of shorts is 10.1% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Select Comfort Corporation (NASDAQ:SCSS): The stock opened at $26.94 on Wednesday but the bulls could not build on the opening and the stock topped out at $27.15 for the day. The stock traded down to $26.78 during the day, due to lack of any buying support eventually closed down at $26.90 with a loss of -0.66% for the day. The stock had closed at $27.08 on the previous day. The total traded volume was 275,467 shares.


In a related news, The Securities and Exchange Commission has divulged that Carlin Andrew P, officer (EVP, Chief Sales & Svc Officer) of Select Comfort Corp, had unloaded 3,200 shares at an average price of $28 in a transaction dated on August 15, 2016. The total value of the transaction was worth $89,600.

Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Companys Sleep Number bed offers SleepIQ technology sensors that work directly with the beds DualAir technology to monitor each individuals sleep. The Company also offers a line of sleep products including FlextFit adjustable base technology and Sleep Number pillows, sheets and other bedding products. The Company offers Sleep Number beds in a range of sizes, including twin, full, queen, eastern king, California king and the FlexTop mattress. It offers Sleep Number beds in four series, which includes Classic Series, Performance Series, Innovation Series and Memory Foam Series. The companys Sleep Number bedding collection includes Create Your Perfect PillowSM and AirFit pillow, which adjust to an individuals size, shape and sleeping position.

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