Kimberly-Clark Corporation (KMB) : Traders are increasing their bearish positions on the stock, as is visible by the 6.7% jump in the outstanding short positions; a total addition of 259,484 shares on the sell side. On Jul 29, 2016, the total short positions were 3,897,362 shares, which went up to 4,156,846 shares by the close of trading on August 15, 2016. It will take 3 days for the bears to roll over or cover. An average of 1,631,695 shares exchange hands daily. 1.2% 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.
Kimberly-Clark Corporation (NYSE:KMB): The stock opened at $128.65 on Wednesday but the bulls could not build on the opening and the stock topped out at $128.77 for the day. The stock traded down to $127.50 during the day, due to lack of any buying support eventually closed down at $128.64 with a loss of -0.01% for the day. The stock had closed at $128.65 on the previous day. The total traded volume was 1,416,578 shares.
In a related news, The Securities and Exchange Commission has divulged that Gottung Lizanne C, officer (SVP & Chief HR Officer) of Kimberly Clark Corp, had unloaded 12,407 shares at an average price of $129.93 in a transaction dated on August 4, 2016. The total value of the transaction was worth $1,612,042.
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. The Companys operating segments are based on product groupings. The Company operates in three segments, which include Personal Care, which offers solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, offers products, such as facial and bathroom tissue, paper towels, napkins and related products, and K-C Professional (KCP), offers solutions and supporting products, such as apparel, wipers, soaps, sanitizers, tissue and towels. The Companys brands include Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, WypAll, Kimtech, and Jackson Safety, among others.