DigitalGlobe Inc (DGI) has 5,941,386 shares of shorts outstanding as on August 15, 2016, with 18 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 6,170,682 shares. The stock has a decent trading volume of 323,434 shares daily. The marginal decrease in the short positions is by -3.7%, which amounts to -229,296 shares. Short positions are 9.7% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
DigitalGlobe Inc (NYSE:DGI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.55 and $27.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.79, notching a gain of 0.65% for the day. The total traded volume was 275,357 . The stock had closed at $27.61 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Digitalglobe, Inc., Mason L Roger Jr., had purchased 225 shares in a transaction dated on May 2, 2016. The transaction was executed at $22.09 per share with total amount equaling $4,970.
DigitalGlobe, Inc. (DigitalGlobe) is a provider of geospatial information products and services. The Companys products and services support users in a variety of fields, including defense, intelligence and homeland security, mapping and analysis, environmental monitoring, oil and gas exploration, and infrastructure management. The Company offers earth imagery products that include imagery from its constellation of high-resolution satellites, as well as satellite and aerial imagery acquired from a third party supplier. The Company processes its imagery to varying levels according to its customers specifications and delivers its products using the distribution method that suits its customers needs. DigitalGlobe sell its products and services through a combination of direct and indirect channels, consisting of a global network of resellers, strategic partners, direct enterprise sales and web.