Short Interest Update on Sensata Technologies Holding N.V. (ST)

Sensata Technologies Holding N.V. (ST) : Traders are getting increasingly bearish on Sensata Technologies Holding N.V. (ST), as can be seen in the addition of short positions from 7,148,064 on Jul 29, 2016, to 9,506,545 on August 15, 2016. The net change in shorts is 2,358,481 shares, an increase of 33%. 7 days remain before the expiry. The 5.6% of outstanding short positions on the stock compared to its float, shows that traders expect the stock to fall from the current levels. The daily volume of the stock is 1,283,875. The short interest information was released on Wednesday Aug 24th after the market close.

Sensata Technologies Holding N.V. (NYSE:ST): The stock opened at $38.97 on Wednesday but the bulls could not build on the opening and the stock topped out at $39.30 for the day. The stock traded down to $38.50 during the day, due to lack of any buying support eventually closed down at $38.59 with a loss of -0.85% for the day. The stock had closed at $38.92 on the previous day. The total traded volume was 497,613 shares.


In a related news,The director officer (President and CEO) of Sensata Technologies Holding N.V., Sullivan Martha N. sold 120,287 shares at $38.56 on April 28, 2016. The Insider selling transaction had a total value worth of $4,638,267. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Sensata Technologies Holding N.V. is a global industrial technology company. The Company is engaged in the development, manufacture and sale of sensors and controls. The Companys operating segments include Sensors segment and Controls segment. The Company produce sensors and controls for applications such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. The Companys sensors are customized devices that translate a physical phenomenon, such as force or position, into electronic signals that microprocessors or computer-based control systems can act upon. Its controls are customized devices embedded within systems to protect them from heat or current. The Companys products include low-, medium- and high-pressure sensors, temperature sensors, speed sensors, position sensors, force sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches.

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