Short Interest Update on W.R. Grace & Co. (GRA)

W.R. Grace & Co. (GRA) : Traders are increasing their bearish positions on the stock, as is visible by the 12% jump in the outstanding short positions; a total addition of 92,187 shares on the sell side. On Jul 29, 2016, the total short positions were 769,056 shares, which went up to 861,243 shares by the close of trading on August 15, 2016. It will take 1 days for the bears to roll over or cover. An average of 626,699 shares exchange hands daily. 1.2% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.

W.R. Grace & Co. (NYSE:GRA): The stock opened at $78.73 on Wednesday but the bulls could not build on the opening and the stock topped out at $79.26 for the day. The stock traded down to $77.74 during the day, due to lack of any buying support eventually closed down at $78.00 with a loss of -1.03% for the day. The stock had closed at $78.81 on the previous day. The total traded volume was 636,512 shares.


In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of W R Grace & Co, Gulyas Diane H. had purchased shares worth of $78,330 in a transaction dated on May 11, 2016. A total of 1,000 shares were purchased at a price of $78.33 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

W.R. Grace & Co. (Grace) is engaged in the production and sale of specialty chemicals and specialty materials on a global basis. The Company operates in three segments: Grace Catalysts Technologies, which includes catalysts and related products and refining, petrochemical and other chemical manufacturing technologies; Grace Materials Technologies, which includes packaging technologies and engineered materials, and Grace Construction Products, which includes specialty construction chemicals and specialty building materials. Its brands include Sylojet, Syloid, Shieldex, Sylosiv, Sylowhite, Durafill, Ludox, Sylodent, Syloblanc, Daraclar, Trisyl, Perkasil, Phonosorb, Sylobead, Cryosiv, Safetysorb, Poliedge, Sylobloc, Synthetech, Davisil, Vydac, Modcol, Spring, Multipacker, Reveleris, Revealx, Graceresolv, Visionht, Vydac, Alltech, Alltima, Sodasorb, Darex, Daraform, Daraseal, Darablend, Sincera, Celox, Apperta and Sistiaga.

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