Short Interest Update on IMS Health Holdings (IMS)

IMS Health Holdings (IMS) : Traders are increasing their bearish positions on the stock, as is visible by the 5.6% jump in the outstanding short positions; a total addition of 383,602 shares on the sell side. On Jul 29, 2016, the total short positions were 6,826,513 shares, which went up to 7,210,115 shares by the close of trading on August 15, 2016. It will take 10 days for the bears to roll over or cover. An average of 755,856 shares exchange hands daily. 3.7% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.

IMS Health Holdings (NYSE:IMS): The stock opened at $29.33 on Wednesday but the bulls could not build on the opening and the stock topped out at $29.48 for the day. The stock traded down to $29.07 during the day, due to lack of any buying support eventually closed down at $29.13 with a loss of -0.82% for the day. The stock had closed at $29.37 on the previous day. The total traded volume was 1,246,024 shares.


In a related news, Knightly Kevin C, officer (SVP, Information Offerings) of Ims Health Holdings, Inc., unloaded 19,231 shares at an average price of $28.5 on November 23, 2015. The total amount of the transaction was worth $548,084, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

IMS Health Holdings, Inc. (IMS) is an information and technology services company that provides solutions to its clients in the healthcare industry. The Company has its presence in over 100 countries. The Companys data set contains over 10 petabytes of data and over 500 million patient records. The Company serves healthcare organizations and life science companies, including pharmaceutical, biotechnology, consumer health and medical device manufacturers, as well as distributors, providers, payers, government agencies, policymakers, researchers and the financial community. The Companys principal offerings include national information offerings, sub-national information offerings, workflow analytics, real-world evidence (RWE) solutions, technology and applications and clinical solutions.

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