Apollo Education Group (APOL) : 8 days before expiry, shorts in Apollo Education Group (APOL) have reduced from 2,591,405 on Jul 29, 2016, to 2,413,734 on August 15, 2016. On an average, 315,952 shares are traded on the exchange. The outstanding bearish positions are equal to 2.4% of the float. Short sellers have covered -177,671 shares, a reduction of -6.9%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.
Apollo Education Group (NASDAQ:APOL): The stock was completely flat for the day, closing at $8.90 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $8.91, the stock touched an intraday high of $8.92 and a low of $8.84. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $8.90. The total trading volume on Wednesday was 289,737.
In a related news,The director officer (Chairman of the Board) of Apollo Education Group Inc, Sperling Peter V sold 3,193,194 shares at $7.19 on October 23, 2015. The Insider selling transaction had a total value worth of $22,959,065. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Apollo Education Group, Inc. is a private education provider. The Company offers undergraduate, graduate, certificate and non-degree educational programs and services, online and on-campus, principally to working learners in the United States and abroad. The Companys segments are University of Phoenix, Apollo Global and Other. The Companys University of Phoenix segment offers undergraduate and graduate degrees through its nine colleges in a range of program areas, as well as various non-degree programs. The Companys Apollo Global segment includes its institutions based outside the United States and its corporate operations. The Companys Other segment primarily includes Apollo Professional Development, which provides relevant programs for employers to help them recruit, develop and retain a workforce, and the Companys corporate activities.