Short Interest Update on Platform Specialty Products Corporation (PAH)

Platform Specialty Products Corporation (PAH) : The bears are holding on to their shorts in Accenture Plc with 10 more days remaining for them to cover their positions. The bearish positions have increased from 19,646,772 on Jul 29, 2016, to 20,543,924, on August 15, 2016. Daily, 2,032,387 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 897,152 shares, which is an increase of just 4.6%. The total short interest of 10% 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.

Platform Specialty Products Corporation (NYSE:PAH): The stock opened at $9.06 on Wednesday but the bulls could not build on the opening and the stock topped out at $9.17 for the day. The stock traded down to $8.80 during the day, due to lack of any buying support eventually closed down at $8.82 with a loss of -3.61% for the day. The stock had closed at $9.15 on the previous day. The total traded volume was 928,764 shares.


In a related news, Jacoboski David A, officer (Corporate Treasurer) of Platform Specialty Products Corp, executed a transaction worth $8,480 on March 17, 2016. A total of 1,000 shares were purchased at an average price of $8.48. 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.

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