Booz Allen Hamilton Holding Corporation (BAH) : Traders are increasing their bearish positions on the stock, as is visible by the 13.6% jump in the outstanding short positions; a total addition of 286,859 shares on the sell side. On Jul 29, 2016, the total short positions were 2,112,525 shares, which went up to 2,399,384 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 799,936 shares exchange hands daily. 1.9% 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.
Booz Allen Hamilton Holding Corporation (NYSE:BAH): The stock opened at $30.55 on Wednesday but the bulls could not build on the opening and the stock topped out at $30.78 for the day. The stock traded down to $30.47 during the day, due to lack of any buying support eventually closed down at $30.49 with a loss of -0.52% for the day. The stock had closed at $30.65 on the previous day. The total traded volume was 771,245 shares.
In a related news,The officer (Executive Vice President) of Booz Allen Hamilton Holding Corp, Logue Joseph sold 16,223 shares at $31.5 on July 27, 2016. The Insider selling transaction had a total value worth of $511,025. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Booz Allen Hamilton Holding Corporation is a management consulting company. The Company provides management consulting, technology and engineering services to the United States Government in the defense, intelligence and civil markets. It also provides management and technology consulting services to major corporations, institutions, not-for-profit organizations and international clients. Its client base includes the cabinet-level departments of the United States Government, clients in selected commercial markets and international clients. Major government clients include the Department of Defense, all branches of the United States military, the United States Intelligence Community and civil agencies such as the Department of Homeland Security, the Department of Health and Human Services and the Department of the Treasury. In the commercial sector, the Company serves the United States clients primarily in the financial services, healthcare, energy, retail and automotive markets.