Aon plc (AON) : Traders are increasing their bearish positions on the stock, as is visible by the 11.3% jump in the outstanding short positions; a total addition of 270,255 shares on the sell side. On Jul 29, 2016, the total short positions were 2,392,053 shares, which went up to 2,662,308 shares by the close of trading on August 15, 2016. It will take 3 days for the bears to roll over or cover. An average of 851,473 shares exchange hands daily. 1% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.
Aon plc (NYSE:AON): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $109.50 and $109.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $109.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $109.48, notching a gain of 0.04% for the day. The total traded volume was 521,461 . The stock had closed at $109.44 on the previous day.
In a related news, The officer (Chairman/CEO – ARS), of Aon Plc, Mcgill Stephen P had unloaded 46,698 shares at $108.41 per share in a transaction on August 2, 2016. The total value of transaction was $5,062,530. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.