Short Interest Update on AMTEK (AME)

AMTEK (AME) : The short interest in AMTEK (AME) has changed with an increase of 103,212 shares and the open interest is 2.9%. From 3,570,474 short positions on Jul 29, 2016, the shorts increased to 3,673,686 shares by August 15, 2016. There are 2 more days left for the expiry and the daily trading volume of the stock is 2,277,533 shares. The total interest of shorts is 1.6% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

AMTEK (NYSE:AME): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.31 and $49.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.62, notching a gain of 0.69% for the day. The total traded volume was 1,382,116 . The stock had closed at $49.28 on the previous day.


In a related news, The director, of Ametek Inc/, Kohlhagen Steven W had unloaded 2,050 shares at $48.95 per share in a transaction on August 19, 2016. The total value of transaction was $100,348. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

AMETEK, Inc. (AMETEK) is a manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. AMETEK markets and sells its products through two groups: Electronic Instruments (EIG) and Electromechanical (EMG). The Companys EIG segment designs and manufactures advanced instruments for the process, aerospace, power and industrial markets. It offers process control instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor and factory automation industries. The Companys EMG segment offers electrical connectors and electronics packaging used in aerospace and defense, medical and industrial applications, as well as its advanced technical motor and motion control products, which are used in a range of medical devices, office and business equipment, factory automation, robotics and other applications.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.