Verisk Analytics (VRSK) : The bears are holding on to their shorts in Accenture Plc with 5 more days remaining for them to cover their positions. The bearish positions have increased from 3,630,840 on Jul 29, 2016, to 3,655,896, on August 15, 2016. Daily, 736,770 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 25,056 shares, which is an increase of just 0.7%. The total short interest of 2.2% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.
Verisk Analytics (NASDAQ:VRSK): The stock opened at $82.22 on Wednesday but the bulls could not build on the opening and the stock topped out at $82.70 for the day. The stock traded down to $82.00 during the day, due to lack of any buying support eventually closed down at $82.11 with a loss of -0.22% for the day. The stock had closed at $82.29 on the previous day. The total traded volume was 418,023 shares.
In a related news, The Securities and Exchange Commission has divulged that Anquillare Mark V, officer (EVP and COO) of Verisk Analytics, Inc., had unloaded 20,000 shares at an average price of $81.2 in a transaction dated on August 12, 2016. The total value of the transaction was worth $1,624,000.
Verisk Analytics, Inc. is a provider of information about risk to professionals in insurance, healthcare, financial services, Government, supply chain and risk management. The Company provides predictive analytics and decision-support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, profitability optimization, data management, among others. The Company operates in two segments: Risk Assessment and Decision Analytics. The Companys Risk Assessment segment serves its P&C insurance customers and focuses on the first two decision making processes in its Risk Analysis Framework: prediction of loss and selection and pricing of risk. The Companys Decision Analytics segment provides P&C insurance solutions to P&C insurers in the United States.