Short Interest Update on Abercrombie & Fitch Company (ANF)

Abercrombie & Fitch Company (ANF) : Traders are getting increasingly bearish on Abercrombie & Fitch Company (ANF), as can be seen in the addition of short positions from 13,803,110 on Jul 29, 2016, to 14,189,755 on August 15, 2016. The net change in shorts is 386,645 shares, an increase of 2.8%. 9 days remain before the expiry. The 21.1% 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 1,579,815. The short interest information was released on Wednesday Aug 24th after the market close.

Abercrombie & Fitch Company (NYSE:ANF): The stock opened at $22.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $22.42 for the day. The stock traded down to $21.91 during the day, due to lack of any buying support eventually closed down at $22.30 with a loss of -1.85% for the day. The stock had closed at $22.72 on the previous day. The total traded volume was 2,018,608 shares.


In a related news, The Securities and Exchange Commission has divulged that Chang Diane, officer (EVP of Sourcing) of Abercrombie & Fitch Co /De/, had unloaded 7,600 shares at an average price of $32.05 in a transaction dated on March 18, 2016. The total value of the transaction was worth $243,580.

Abercrombie & Fitch Co. (A&F) is a retailer that operates stores and direct-to-consumer operations. The Company operates through three business segments: U.S. Stores, International Stores and Direct-to-Consumer. The U.S. Stores segment includes store operations in the United States and Puerto Rico. The International Stores segment includes store operations in Canada, Europe, Asia, Australia and the Middle East. The Direct-to-Consumer segment includes operations directly associated with on-line operations, both United States and international. A&F sells products, including casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands. It also sells bras, underwear, personal care products, sleepwear and at-home products for girls through Hollister under the Gilly Hicks brand.

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