Kohls Corporation (KSS) : The bears are holding on to their shorts in Accenture Plc with 3 more days remaining for them to cover their positions. The bearish positions have increased from 16,693,478 on Jul 29, 2016, to 20,463,926, on August 15, 2016. Daily, 6,904,701 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 3,770,448 shares, which is an increase of just 22.6%. The total short interest of 11.2% 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.
Kohls Corporation (NYSE:KSS): The stock opened at $45.08 on Wednesday but the bulls could not build on the opening and the stock topped out at $45.35 for the day. The stock traded down to $44.87 during the day, due to lack of any buying support eventually closed down at $44.97 with a loss of -0.11% for the day. The stock had closed at $45.02 on the previous day. The total traded volume was 2,064,918 shares.
In a related news,The officer (Chief Financial Officer) of Kohls Corp, Mcdonald Wesley S sold 5,591 shares at $46.21 on March 31, 2016. The Insider selling transaction had a total value worth of $258,360. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Kohls Corporation (Kohls) is a specialty department store. As of January 31, 2015, the Company operated 1,162 department stores in 49 states and an e-Commerce Website (www.Kohls.com). The Company sells private label, and national brand apparel, footwear, accessories, beauty and home products. The Companys stores carry a merchandise assortment with differences attributable to regional preferences. The Companys Website includes merchandise which is available in the stores, as well as merchandise which is available only on-line. Its private brands include Apt. 9, Croft & Barrow, Jumping Beans, SO and Sonoma Life + Style. The Companys exclusive brands consist of Food Network, Jennifer Lopez, Marc Anthony, Rock & Republic and Simply Vera Vera Wang. It also offers products under the Fitbit, IZOD, Juicy Couture, Gaiam, Nespresso and PUMA brands, as well as Jumping Beans collections featuring Disney characters. It also operates a nationwide loyalty program called Yes2You rewards.