Short Interest Update on Cerner Corporation (CERN)

Cerner Corporation (CERN) : 6 days before expiry, shorts in Cerner Corporation (CERN) have reduced from 19,299,706 on Jul 29, 2016, to 16,248,388 on August 15, 2016. On an average, 2,593,924 shares are traded on the exchange. The outstanding bearish positions are equal to 5.4% of the float. Short sellers have covered -3,051,318 shares, a reduction of -15.8%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Cerner Corporation (NASDAQ:CERN): The stock opened at $64.19 on Wednesday but the bulls could not build on the opening and the stock topped out at $64.97 for the day. The stock traded down to $64.13 during the day, due to lack of any buying support eventually closed down at $64.50 with a loss of -0.15% for the day. The stock had closed at $64.60 on the previous day. The total traded volume was 1,589,448 shares.


In a related news, The Securities and Exchange Commission has divulged that Illig Clifford W, director officer (Vice Chairman) of Cerner Corp /Mo/, had unloaded 325,705 shares at an average price of $65.1 in a transaction dated on August 18, 2016. The total value of the transaction was worth $21,203,396.

Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. The Company offers software, hardware, professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Brazil, Canada, Cayman Islands, Chile, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Israel, Malaysia, Mexico, Netherlands, Qatar, Saudi Arabia, Singapore, Spain, Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries, Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, among others.

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