Hornbeck Offshore Services (HOS) : The short interest in Hornbeck Offshore Services (HOS) has changed with an increase of 289,542 shares and the open interest is 4.7%. From 6,159,163 short positions on Jul 29, 2016, the shorts increased to 6,448,705 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 1,792,024 shares. The total interest of shorts is 20.7% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
Hornbeck Offshore Services (NYSE:HOS): The stock opened at $5.73 on Wednesday but the bulls could not build on the opening and the stock topped out at $5.88 for the day. The stock traded down to $5.43 during the day, due to lack of any buying support eventually closed down at $5.44 with a loss of -7.01% for the day. The stock had closed at $5.85 on the previous day. The total traded volume was 744,206 shares.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Hornbeck Offshore Services Inc /La, Melcher Patricia B had purchased shares worth of $49,000 in a transaction dated on February 23, 2016. A total of 7,000 shares were purchased at a price of $7 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Hornbeck Offshore Services, Inc. is a provider of marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on the provision of marine solutions to meet the needs of the deepwater and ultradeepwater energy industry in domestic and select foreign locations. The Company owns and operates a fleet of United States-flagged OSVs and MPSVs. These vessels support the deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry. The Company operates in three core geographic markets: the Gulf of Mexico (GoM), Mexico and Brazil. The Company has operated in the Middle East, the Mediterranean Sea, the Black Sea and the Caribbean basin, including Nicaragua, Guyana, Trinidad and Venezuela. The Company also operates a shore-base support facility located in Port Fourchon, Louisiana.