Short Interest Update on Praxair (PX)

Praxair (PX) : The short interest in Praxair (PX) has changed with an increase of 76,168 shares and the open interest is 2%. From 3,754,547 short positions on Jul 29, 2016, the shorts increased to 3,830,715 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 862,407 shares. The total interest of shorts is 1.3% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Praxair (NYSE:PX): The stock opened at $121.22 on Wednesday but the bulls could not build on the opening and the stock topped out at $122.30 for the day. The stock traded down to $121.05 during the day, due to lack of any buying support eventually closed down at $122.09 with a loss of -0.29% for the day. The stock had closed at $122.45 on the previous day. The total traded volume was 795,721 shares.


In a related news, The officer (Executive Vice President), of Praxair Inc, Menezes Eduardo F had unloaded 25,000 shares at $114.01 per share in a transaction on May 10, 2016. The total value of transaction was $2,850,250. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Praxair, Inc. (Praxair) is an industrial gas supplier in North and South America, Asia and Europe. The Companys operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, Praxair operates its surface technologies business through its wholly owned subsidiary, Praxair Surface Technologies, Inc., which represents the fifth segment. The Companys products in its industrial gases business include atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). The company also designs, engineers and builds equipment that produces industrial gases primarily for internal use. The companys surface technologies segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders.

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