Taylor Morrison Home Corporation (TMHC) has 1,892,274 shares of shorts outstanding as on August 15, 2016, with 6 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 1,926,946 shares. The stock has a decent trading volume of 315,725 shares daily. The marginal decrease in the short positions is by -1.8%, which amounts to -34,672 shares. Short positions are 6.3% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Taylor Morrison Home Corporation (NYSE:TMHC): The stock opened at $17.66 on Wednesday but the bulls could not build on the opening and the stock topped out at $17.66 for the day. The stock traded down to $17.30 during the day, due to lack of any buying support eventually closed down at $17.41 with a loss of -1.58% for the day. The stock had closed at $17.69 on the previous day. The total traded volume was 188,350 shares.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Taylor Morrison Home Corp, Mariucci Anne L had purchased shares worth of $100,585 in a transaction dated on February 8, 2016. A total of 8,925 shares were purchased at a price of $11.27 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Taylor Morrison Home Corporation (Taylor Morrison) is a real estate development company. Its business is organized into ten homebuilding operating divisions which are aggregated into two homebuilding segments, East and West, and a mortgage and financial services segment, Mortgage Operations. These segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer service. It provides residential homebuilding and the development of lifestyle communities with operations geographically focused in Arizona, California, Colorado, Florida, and Texas. It operates under the Taylor Morrison and Darling Homes brand names in the United States. It provides financial services to customers through its wholly owned mortgage subsidiary, Taylor Morrison Home Funding, LLC (TMHF).