Tractor Supply Company (TSCO) : 5 days before expiry, shorts in Tractor Supply Company (TSCO) have reduced from 6,776,514 on Jul 29, 2016, to 6,679,033 on August 15, 2016. On an average, 1,298,841 shares are traded on the exchange. The outstanding bearish positions are equal to 5% of the float. Short sellers have covered -97,481 shares, a reduction of -1.4%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.
Tractor Supply Company (NASDAQ:TSCO): The stock opened at $85.30 on Wednesday but the bulls could not build on the opening and the stock topped out at $85.59 for the day. The stock traded down to $84.19 during the day, due to lack of any buying support eventually closed down at $84.33 with a loss of -0.99% for the day. The stock had closed at $85.17 on the previous day. The total traded volume was 1,021,043 shares.
In a related news,The officer (EVP Chief Financial Officer) of Tractor Supply Co /De/, Crudele Anthony F sold 18,894 shares at $96.16 on June 1, 2016. The Insider selling transaction had a total value worth of $1,816,847. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. As of December 27, 2014, it operated 1,382 retail stores in 49 states under the names Tractor Supply Company, Dels Feed & Farm Supply and HomeTown Pet. It also operates a Website under the name TractorSupply.com. It offers a portfolio of products, which include equine, livestock, pet and small animal products; hardware, truck, towing and tool products; seasonal products, including lawn and garden items, power equipment, gifts and toys; work/recreational clothing and footwear, and maintenance products for agricultural and rural use. Its products are offered under various brands, which include 4health, Blue Mountain, Countyline, Equistages, Groundwork, Huskee, JobSmart, Dumor, C.E. Schmidt, Paws & Claws, Producers Pride and Redstone, among others.