Short Interest Update on Capstone Turbine Corporation (CPST)

Capstone Turbine Corporation (CPST) : The short interest in Capstone Turbine Corporation (CPST) has changed with an increase of 74,916 shares and the open interest is 5.8%. From 1,282,005 short positions on Jul 29, 2016, the shorts increased to 1,356,921 shares by August 15, 2016. There are 6 more days left for the expiry and the daily trading volume of the stock is 241,675 shares. The total interest of shorts is 4.6% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Capstone Turbine Corporation (NASDAQ:CPST): The stock opened at $1.89 on Wednesday but the bulls could not build on the opening and the stock topped out at $1.89 for the day. The stock traded down to $1.69 during the day, due to lack of any buying support eventually closed down at $1.74 with a loss of -7.94% for the day. The stock had closed at $1.89 on the previous day. The total traded volume was 1,033,581 shares.


In a related news, Van Deursen Holly, director of Capstone Turbine Corp had purchased 33,300 shares on August 11, 2016 in a transaction. The price per share was $1.51 and the total amount of the disclosed transaction was $50,283.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply. The Companys microturbines are used as battery charging generators for hybrid electric vehicle applications. Capstone offers micro turbines for commercial, industrial and utility users with product offerings ranging from 30 kilowatts to one megawatt in electric power output. The Company sells complete microturbine units, subassemblies, components and various accessories. It also remanufactures microturbine engines and provides after-market parts and services. It serves various markets, including energy efficiency, renewable energy, natural resources, critical power supply, transportation and marine.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.