Short Interest Update on Humana (HUM)

Humana (HUM) : Traders are negative on Humana (HUM), as it has 1.8% of short positions outstanding compared to its float. The total shorts have reduced by -424,478 shares, which is a -13.4% reduction. From Jul 29, 2016, to August 15, 2016, the shorts came down from,3,168,126 to 2,743,648 shares. While the daily trading volume of the stock is 1,266,944, there are 2 days remaining to cover the open short positions. The short interest indicates that the traders dont see a large downside in the stock from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Humana (NYSE:HUM): The stock opened at $180.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $180.75 for the day. The stock traded down to $178.64 during the day, due to lack of any buying support eventually closed down at $179.31 with a loss of -0.31% for the day. The stock had closed at $179.86 on the previous day. The total traded volume was 493,387 shares.


In a related news, The Securities and Exchange Commission has divulged that Leclaire Brian P., officer (SVP & Chief Information Off.) of Humana Inc, had unloaded 183 shares at an average price of $176.11 in a transaction dated on February 25, 2016. The total value of the transaction was worth $32,228.

Humana Inc. (Humana) is a health and well-being company. The Company operates in three segments: Retail, Employer Group and Healthcare Services. The Companys medical and specialty insurance products allow members to access health care services through its network of health care providers. Its Retail Segment consists of products sold on a retail basis to individuals, including medical and supplemental benefit plans. Its Employer Group segment consists of products sold to employer groups, including medical and supplemental benefit plans, as well as health and wellness products. Its Healthcare Services segment consists of businesses, which offers services, including pharmacy solutions, provider services, home-based services, integrated behavioral health services, and predictive modeling and informatics services to other Humana businesses, as well as external health plan members, external health plans, and other employers or individuals.

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