Dover Corporation (DOV) : The short interest in Dover Corporation (DOV) has changed with an increase of 186,479 shares and the open interest is 5.2%. From 3,563,624 short positions on Jul 29, 2016, the shorts increased to 3,750,103 shares by August 15, 2016. There are 3 more days left for the expiry and the daily trading volume of the stock is 1,157,105 shares. The total interest of shorts is 2.5% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
Dover Corporation (NYSE:DOV): The stock opened at $74.01 on Wednesday but the bulls could not build on the opening and the stock topped out at $74.26 for the day. The stock traded down to $73.41 during the day, due to lack of any buying support eventually closed down at $73.61 with a loss of -0.74% for the day. The stock had closed at $74.16 on the previous day. The total traded volume was 885,127 shares.
In a related news,The officer (Vice President) of Dover Corp, Fincher C. Anderson sold 1,420 shares at $73.42 on August 10, 2016. The Insider selling transaction had a total value worth of $104,256. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Dover Corporation (Dover) is engaged in the manufacturing of equipment, components and specialty systems. The Company also provides supporting engineering, testing and other services. The Company operates through four business segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment serves the Drilling & Production, Bearings & Compression and Automation end markets, and provides solutions and services for production and processing of oil, natural gas liquids and gas around the world. The Engineered Systems segment manages its products and services through two business platforms, Printing & Identification and Industrials. The Fluids segment is focused on the handling of critical fluids across the retail fueling, chemical, hygienic and industrial markets. The Refrigeration & Food Equipment segment provides equipment and systems serving the commercial refrigeration and food service industries.