Short Interest Update on Diebold Incorporated (DBD)

Diebold Incorporated (DBD) : 7 days before expiry, shorts in Diebold Incorporated (DBD) have reduced from 6,160,818 on Jul 29, 2016, to 6,018,496 on August 15, 2016. On an average, 879,467 shares are traded on the exchange. The outstanding bearish positions are equal to 9.3% of the float. Short sellers have covered -142,322 shares, a reduction of -2.3%, 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.

Diebold Incorporated (NYSE:DBD): The stock opened at $28.69 on Wednesday but the bulls could not build on the opening and the stock topped out at $28.90 for the day. The stock traded down to $28.48 during the day, due to lack of any buying support eventually closed down at $28.54 with a loss of -0.66% for the day. The stock had closed at $28.73 on the previous day. The total traded volume was 579,872 shares.


In a related news,The director of Diebold Inc, Cox Phillip R sold 3,534 shares at $24 on May 23, 2016. The Insider selling transaction had a total value worth of $84,816. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Diebold, Incorporated provides financial self-service (FSS) delivery, integrated services and software, and security systems to the financial, commercial, retail and other markets. The Company operates through five segments: North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), Latin America (LA) and Brazil. The Company has two lines of business: FSS and Security Solutions, which the Company integrates based on its customers needs. Its FSS solutions include self-service support and managed services, self-service products and self-service software. The Companys Security Solutions include electronic security products, monitoring and services, and physical security and facility products. The Company supplies automated teller machines (ATMs) and related services across the world. It also provides design, installation, maintenance and monitoring of electronic security systems to financial, commercial, retail and other customers.

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