Short Interest Update on Investment Technology Group (ITG)

Investment Technology Group (ITG) : The bears are holding on to their shorts in Accenture Plc with 5 more days remaining for them to cover their positions. The bearish positions have increased from 989,385 on Jul 29, 2016, to 1,040,764, on August 15, 2016. Daily, 227,272 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 51,379 shares, which is an increase of just 5.2%. The total short interest of 3.4% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.

Investment Technology Group (NYSE:ITG): The stock opened at $15.84 on Wednesday but the bulls could not build on the opening and the stock topped out at $15.93 for the day. The stock traded down to $15.59 during the day, due to lack of any buying support eventually closed down at $15.62 with a loss of -0.76% for the day. The stock had closed at $15.74 on the previous day. The total traded volume was 177,835 shares.


In a related news, Geyer William S., officer (Managing Director) of Investment Technology Group, Inc., executed a transaction worth $15,093 on February 8, 2016. A total of 900 shares were purchased at an average price of $16.77. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Investment Technology Group, Inc. (ITG) is an independent execution and research broker that partners with global portfolio managers and traders. The Companys subsidiaries include ITG Inc., AlterNet Securities, Inc. (AlterNet), ITG Derivatives LLC (ITG Derivatives), ITG Canada Corp. (ITG Canada), Investment Technology Group Limited (ITG Europe), ITG Australia Limited (ITG Australia), ITG Hong Kong Limited (ITG Hong Kong), ITG Software Solutions, Inc., ITG Solutions Network, Inc., ITG Investment Research, Inc. (ITG Investment Research) and ITG Platforms Inc. Its four operating segments include United States Operations, Canadian Operations, European Operations and Asia Pacific Operations. These segments offer a range of solutions for asset managers and broker-dealers in the areas of electronic brokerage; research, sales and trading; platforms, and analytics.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.