Short Interest Update on Bunge Limited (BG)

Bunge Limited (BG) : The short interest in Bunge Limited (BG) has changed with an increase of 618,738 shares and the open interest is 23.9%. From 2,585,163 short positions on Jul 29, 2016, the shorts increased to 3,203,901 shares by August 15, 2016. There are 3 more days left for the expiry and the daily trading volume of the stock is 1,107,513 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.

Bunge Limited (NYSE:BG): The stock opened at $64.16 on Wednesday but the bulls could not build on the opening and the stock topped out at $64.29 for the day. The stock traded down to $63.30 during the day, due to lack of any buying support eventually closed down at $63.53 with a loss of -0.90% for the day. The stock had closed at $64.11 on the previous day. The total traded volume was 960,128 shares.


In a related news,The director of Bunge Ltd, Lupo L Patrick sold 11,230 shares at $61.28 on May 12, 2016. The Insider selling transaction had a total value worth of $688,174. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Bunge Limited is an agribusiness and food company with integrated operations that stretch from the farm field to consumer foods. The Company operates through five segments: The Agribusiness segment is involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products. Edible oil products and milling products segments include businesses that produce and sell edible oil based products, including oils, shortenings, margarines and mayonnaise and milled grain products such as wheat flours, corn-based products and rice. The sugar and bioenergy segment produces and sells sugar and ethanol derived from sugarcane, as well as energy derived from their production process, through its operations in Brazil. The fertilizer segment is involved in producing, blending and distributing fertilizer products for the agricultural industry in South America, with assets and operations primarily in Argentina and port facilities in Brazil and Argentina.

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