Charter Communications (CHTR) : The bears are holding on to their shorts in Accenture Plc with 6 more days remaining for them to cover their positions. The bearish positions have increased from 9,307,947 on Jul 29, 2016, to 9,606,782, on August 15, 2016. Daily, 1,729,348 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 298,835 shares, which is an increase of just 3.2%. The total short interest of 4.5% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.
Charter Communications (NASDAQ:CHTR): The stock opened at $251.60 on Wednesday but the bulls could not build on the opening and the stock topped out at $253.87 for the day. The stock traded down to $249.88 during the day, due to lack of any buying support eventually closed down at $251.74 with a loss of -0.20% for the day. The stock had closed at $252.24 on the previous day. The total traded volume was 857,303 shares.
In a related news, Ramos Mauricio, director of Charter Communications, Inc. /Mo/, executed a transaction worth $255,000 on August 18, 2016. A total of 1,000 shares were purchased at an average price of $255. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Charter Communications, Inc. (Charter) is a provider of cable services in the United States, offering a variety of entertainment, information and communications solutions to residential and commercial customers. The Company sells its video, Internet and voice services primarily on a subscription basis, often in a bundle of two or more services. The Company provides broadband communications solutions to business and carrier organizations, such as video entertainment services, Internet access, business telephone services, data networking and fiber connectivity to cellular towers and office buildings. Through its hybrid fiber and coaxial cable network, the Company offers its customers traditional cable video services, as well as advanced video services, Internet services and voice services. The Companys voice services are primarily provided using voice over Internet protocol (VoIP) technology, to transmit digital voice signals over the Companys systems.