Darling Ingredients (DAR) : The short interest in Darling Ingredients (DAR) has changed with an increase of 1,095,336 shares and the open interest is 35.2%. From 3,109,603 short positions on Jul 29, 2016, the shorts increased to 4,204,939 shares by August 15, 2016. There are 2 more days left for the expiry and the daily trading volume of the stock is 1,893,209 shares. The total interest of shorts is 2.6% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
Darling Ingredients (NYSE:DAR): The stock opened at $14.18 on Wednesday but the bulls could not build on the opening and the stock topped out at $14.20 for the day. The stock traded down to $14.02 during the day, due to lack of any buying support eventually closed down at $14.04 with a loss of -0.92% for the day. The stock had closed at $14.17 on the previous day. The total traded volume was 1,109,732 shares.
In a related news, Sanders Justinus, director of Darling Ingredients Inc. had purchased 10,000 shares on November 20, 2015 in a transaction. The price per share was $9.47 and the total amount of the disclosed transaction was $94,700.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.
Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The Company offers a range of ingredients and specialty solutions for customers in the food, pet food, pharmaceutical, feed, fuel, bioenergy and fertilizer industries. The Company operates in three segments: Feed Ingredients, which includes the edible and inedible animal by-products, bakery and hides business lines; Food Ingredients, which includes the gelatin, casings and edible fats business lines, and Fuel Ingredients, which includes the biofuel and bioenergy business lines. It recycles animal by-product streams into useable and specialty ingredients, such as gelatin, tallow, feed-grade fats, meat and bone meal, poultry meal, yellow grease, fuel feed stocks, green energy, natural casings and hides. The Company also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients.