The NASDAQ OMX Group (NDAQ) has 3,337,026 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 4,121,889 shares. The stock has a decent trading volume of 913,543 shares daily. The marginal decrease in the short positions is by -19%, which amounts to -784,863 shares. Short positions are 2.3% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
The NASDAQ OMX Group (NASDAQ:NDAQ): The stock opened at $70.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $70.46 for the day. The stock traded down to $70.05 during the day, due to lack of any buying support eventually closed down at $70.28 with a loss of -0.40% for the day. The stock had closed at $70.56 on the previous day. The total traded volume was 677,079 shares.
In a related news,The director officer (CEO) of Nasdaq, Inc., Greifeld Robert sold 199,480 shares at $70.25 on August 17, 2016. The Insider selling transaction had a total value worth of $14,013,470. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Nasdaq Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc., is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents. The Company manages, operates and provides its products and services in four segments: Market Services, Listing Services, Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.