Six Flags Entertainment Corporation New (SIX) has 4,928,318 shares of shorts outstanding as on August 15, 2016, with 4 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 5,061,293 shares. The stock has a decent trading volume of 1,204,509 shares daily. The marginal decrease in the short positions is by -2.6%, which amounts to -132,975 shares. Short positions are 5.7% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Six Flags Entertainment Corporation New (NYSE:SIX): The stock opened at $50.63 on Wednesday but the bulls could not build on the opening and the stock topped out at $50.92 for the day. The stock traded down to $50.22 during the day, due to lack of any buying support eventually closed down at $50.39 with a loss of -0.61% for the day. The stock had closed at $50.70 on the previous day. The total traded volume was 912,973 shares.
In a related news, Balk Lance C, officer (Exec. VP and General Counsel) of Six Flags Entertainment Corp, unloaded 20,000 shares at an average price of $59.11 on July 25, 2016. The total amount of the transaction was worth $1,182,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates 18 regional theme and water parks. Of these, 16 are located in the United States, one is located in Mexico City, Mexico and one is located in Montreal, Canada. Its parks generally offer a selection of thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The Companys parks offer approximately 800 rides, including over 130 roller coasters. Its parks include Six Flags America, Six Flags Discovery Kingdom, Six Flags Fiesta Texas, Six Flags Great Adventure & Safari, Six Flags Great America, Six Flags St. Louis, Six Flags Magic Mountain, Six Flags Mexico, Six Flags New England, Six Flags Over Georgia, Six Flags Whitewater Atlanta, Six Flags Over Texas, La Ronde and Six Flags Great Escape Lodge & Indoor Waterpark.