Short Interest Update on Assured Guaranty Ltd. (AGO)

Assured Guaranty Ltd. (AGO) : The bears are holding on to their shorts in Accenture Plc with 5 more days remaining for them to cover their positions. The bearish positions have increased from 3,609,176 on Jul 29, 2016, to 3,706,537, on August 15, 2016. Daily, 702,219 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 97,361 shares, which is an increase of just 2.7%. The total short interest of 2.8% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Assured Guaranty Ltd. (NYSE:AGO): The stock opened at $27.41 on Wednesday but the bulls could not build on the opening and the stock topped out at $27.46 for the day. The stock traded down to $27.14 during the day, due to lack of any buying support eventually closed down at $27.17 with a loss of -0.66% for the day. The stock had closed at $27.35 on the previous day. The total traded volume was 483,664 shares.


In a related news, Frederico Dominic, CEO of Assured Guaranty Ltd had purchased 13,000 shares on May 13, 2016 in a transaction. The price per share was $25.1 and the total amount of the disclosed transaction was $326,300.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Assured Guaranty Ltd. is a holding company. The Company provides, through its operating subsidiaries, credit protection products to the United States and international public finance, including infrastructure and structured finance markets. The Company markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors. It conducts its financial guaranty business on a direct basis from the following companies: Assured Guaranty Municipal Corp. (AGM), Municipal Assurance Corp. (MAC), Assured Guaranty Corp. (AGC), Assured Guaranty (Europe) Ltd. (AGE) and Assured Guaranty Re Ltd. (AG Re). The Company insures obligations issued in the United States. It also offers credit protection through reinsurance. The Company insures and reinsures various types of United States public finance obligations and various non-United States public finance obligations.

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