3M Company (MMM) : The short interest in 3M Company (MMM) has changed with an increase of 1,309,804 shares and the open interest is 19.3%. From 6,784,582 short positions on Jul 29, 2016, the shorts increased to 8,094,386 shares by August 15, 2016. There are 5 more days left for the expiry and the daily trading volume of the stock is 1,472,895 shares. The total interest of shorts is 1.3% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
3M Company (NYSE:MMM): The stock opened at $179.41 on Wednesday but the bulls could not build on the opening and the stock topped out at $179.96 for the day. The stock traded down to $179.01 during the day, due to lack of any buying support eventually closed down at $179.41 with a loss of -0.20% for the day. The stock had closed at $179.77 on the previous day. The total traded volume was 1,137,075 shares.
In a related news,The officer (Executive Vice President) of 3m Co, Bauman James L sold 9,066 shares at $178.43 on August 1, 2016. The Insider selling transaction had a total value worth of $1,617,646. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
3M Company is a diversified technology company. The Company operates in five business segments: Industrial, which serves a range of markets, such as automotive original equipment manufacturer (OEM) and automotive aftermarket, electronics, appliance, paper and printing, packaging, food and beverage, and construction; Safety and Graphics, which serves a range of markets for the safety, security and productivity of people, facilities and systems; Electronics and Energy, which serves customers in electronics and energy markets, including solutions for electronic devices, telecommunications networks, electrical products, power generation and distribution, and infrastructure protection; Health Care, which serves markets that include medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, and health information systems, and Consumer, which serves markets that include consumer retail, office retail, home improvement, building maintenance and other markets.