Milacron Holdings (MCRN) has 1,841,508 shares of shorts outstanding as on August 15, 2016, with 17 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 1,885,274 shares. The stock has a decent trading volume of 110,206 shares daily. The marginal decrease in the short positions is by -2.3%, which amounts to -43,766 shares. Short positions are 7.2% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
Milacron Holdings (NYSE:MCRN): The stock opened at $17.01 on Wednesday but the bulls could not build on the opening and the stock topped out at $17.05 for the day. The stock traded down to $16.79 during the day, due to lack of any buying support eventually closed down at $16.87 with a loss of -0.76% for the day. The stock had closed at $17.00 on the previous day. The total traded volume was 58,167 shares.
In a related news, Goeke Thomas J, CEO of Milacron Holdings Corp., had purchased 15,000 shares on December 9, 2015. The total value of the transaction was $192,600. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Milacron Holdings Corp. manufactures, distributes and services engineered and customized systems within the plastic technology and processing industry. The Companys product portfolio includes hot runner systems, injection molding, blow molding and extrusion equipment. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). Its APPT segment designs, manufactures and sells injection, extrusion and blow molding equipment, co-injection systems and related parts and services. The Companys MDCS segment designs, manufactures and sells hot runner and process control systems, mold bases and components, and sells maintenance repair and operations (MRO) supplies. Its Fluids segment is a manufacturer of synthetic and semi-synthetic lubricants and coolants used in various industrial metalworking applications.