Short Interest Update on Brinker International (EAT)

Brinker International (EAT) : The short interest in Brinker International (EAT) has changed with an increase of 1,072,509 shares and the open interest is 15.3%. From 7,005,968 short positions on Jul 29, 2016, the shorts increased to 8,078,477 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 2,266,673 shares. The total interest of shorts is 14.7% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Brinker International (NYSE:EAT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.07 and $54.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.15, notching a gain of 0.33% for the day. The total traded volume was 961,113 . The stock had closed at $53.97 on the previous day.


In a related news,The officer (SVP Chief Information Officer) of Brinker International Inc, Doyle David Roy sold 15,187 shares at $54.32 on August 15, 2016. The Insider selling transaction had a total value worth of $824,958. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Brinker International, Inc. (Brinker) owns, develops, operates and franchises the Chilis Grill & Bar (Chilis) and Maggianos Little Italy (Maggianos) restaurant brands. At September 24, 2014, the Company owned, operated or franchised 1,622 restaurants in the United States and 29 countries and two territories outside of the United States. Chilis operates in the Bar and Grill category of casual dining. The Company has operations around the world, with locations in 32 foreign countries and two United States territories. Maggianos is a full-service, casual dining Italian restaurant brand. Its Maggianos restaurants feature individual and family-style menus, and its restaurants also have banquet facilities designed to host party business or social events.

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