Ulta Salon Cosmetics & Fragrance (ULTA) has 1,756,281 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 1,902,170 shares. The stock has a decent trading volume of 460,533 shares daily. The marginal decrease in the short positions is by -7.7%, which amounts to -145,889 shares. Short positions are 3% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA): The stock opened at $278.29 on Wednesday but the bulls could not build on the opening and the stock topped out at $278.63 for the day. The stock traded down to $271.28 during the day, due to lack of any buying support eventually closed down at $273.98 with a loss of -0.69% for the day. The stock had closed at $275.89 on the previous day. The total traded volume was 1,178,011 shares.
In a related news, The Securities and Exchange Commission has divulged that Diromualdo Robert F, director of Ulta Salon, Cosmetics & Fragrance, Inc., had unloaded 2,500 shares at an average price of $237.09 in a transaction dated on June 3, 2016. The total value of the transaction was worth $592,725.
Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer. The Company provides salon products and salon services in the United States. It offers a combination of more than 20,000 prestige and mass beauty products. As of January 31, 2015, it operated 774 stores in 47 states. The Company offers products in the categories, including cosmetics, which includes products for the face, eyes, cheeks, lips and nails; haircare, which includes shampoos, conditioners, styling products and hair accessories; salon styling tools, which includes hair dryers, curling irons and flat irons; skincare and bath and body, which includes products for the face, hands and body; fragrance; nail polish and nail care products; mens skincare, haircare and fragrance products; private label, consisting of Ulta branded cosmetics, skincare, bath and body products and haircare, and other health and beauty products.