BGC Partners (BGCP) : The short interest in BGC Partners (BGCP) has changed with an increase of 383,053 shares and the open interest is 9.4%. From 4,092,401 short positions on Jul 29, 2016, the shorts increased to 4,475,454 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 1,103,776 shares. The total interest of shorts is 2.3% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
BGC Partners (NASDAQ:BGCP): The stock opened at $8.67 on Wednesday but the bulls could not build on the opening and the stock topped out at $8.69 for the day. The stock traded down to $8.58 during the day, due to lack of any buying support eventually closed down at $8.64 with a loss of -0.35% for the day. The stock had closed at $8.67 on the previous day. The total traded volume was 780,489 shares.
In a related news, The Securities and Exchange Commission has divulged that Curwood Stephen T, director of Bgc Partners, Inc., had unloaded 4,000 shares at an average price of $9.16 in a transaction dated on June 8, 2015. The total value of the transaction was worth $36,640.
BGC Partners Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services, which offers fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures and structured products, and Real Estate Services (or Newmark Grubb Knight Frank (NGKF)), which is a full-service commercial real estate platform that consists of its Real Estate Services segment. Through NGKF, the Company offers commercial real estate tenants, owners, investors and developers a range of services, including leasing and corporate advisory, investment sales and financial services, consulting, project management, and property and facilities management. The Company also provides broker-dealer services, clearing, processing, information, and other back-office services to a range of financial and non-financial institutions.