Short Interest Update on Box (BOX)

Box (BOX) : The short interest in Box (BOX) has changed with an increase of 87,350 shares and the open interest is 0.9%. From 10,143,829 short positions on Jul 29, 2016, the shorts increased to 10,231,179 shares by August 15, 2016. There are 18 more days left for the expiry and the daily trading volume of the stock is 558,167 shares. The total interest of shorts is 23.7% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Box (NYSE:BOX): The stock opened at $13.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $13.44 for the day. The stock traded down to $12.97 during the day, due to lack of any buying support eventually closed down at $13.07 with a loss of -1.73% for the day. The stock had closed at $13.30 on the previous day. The total traded volume was 547,332 shares.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Box Inc, Stein Josh, had purchased 5,000 shares in a transaction dated on October 9, 2015. The transaction was executed at $12.14 per share with total amount equaling $60,700.

Box, Inc. provides a cloud-based, mobile-optimized Enterprise Content Collaboration platform. The Companys platform enables organizations to manage their content. Its platform enables users to collaborate on content both internally and externally, build workflows and deploy compliance and security features. The Companys platform works across multiple file formats, application environments, operating systems and devices. The Company also delivers industry-specific solutions that focus on customers in industries, such as healthcare and life sciences, financial services, legal services, media and entertainment, retail, education, energy and Government. The Companys platform integrates with the applications of its technology partners, including, NetSuite and others. Its Box OneCloud ecosystem provides users with access to around 1,300 iOS and Android third-party applications.

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