Short Interest Update on Norwegian Cruise Line Holdings Ltd. (NCLH)

Norwegian Cruise Line Holdings Ltd. (NCLH) : 3 days before expiry, shorts in Norwegian Cruise Line Holdings Ltd. (NCLH) have reduced from 10,380,682 on Jul 29, 2016, to 9,537,759 on August 15, 2016. On an average, 3,499,877 shares are traded on the exchange. The outstanding bearish positions are equal to 6.1% of the float. Short sellers have covered -842,923 shares, a reduction of -8.1%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH): The stock opened at $37.79 on Wednesday but the bulls could not build on the opening and the stock topped out at $38.06 for the day. The stock traded down to $36.78 during the day, due to lack of any buying support eventually closed down at $36.86 with a loss of -2.18% for the day. The stock had closed at $37.68 on the previous day. The total traded volume was 2,588,160 shares.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP Gen. Counsel & Asst. Secy) of Norwegian Cruise Line Holdings Ltd., Farkas Daniel S had sold 39,070 shares worth of $1,858,951 in a transaction dated March 10, 2016. In this transaction, 39,070 shares were sold at $47.58 per share.

Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The Company operates cruise lines under the Norwegian, Oceania and Regent brands. Norwegian offers cruises ranging in length from one day to three weeks. Each of Norwegians 13 ships has been built to consistently deliver the Freestyle Cruising product offering. Freestyle Cruising offers flexibility and choice to its guests who prefer to dine when they want, with whomever they want and without having to dress formally. Oceania operates a fleet of five mid-size ships in the upper-premium cruise segment offering personalized service and elegant accommodations. Regent offers a luxury all-inclusive cruise vacation experience, including free air transportation, a pre-cruise hotel night stay, wines and liquors, gratuities and unlimited shore excursions.

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Your email address will not be published.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.