PTC (PTC) : The short interest in PTC (PTC) has changed with an increase of 745,558 shares and the open interest is 25.8%. From 2,895,146 short positions on Jul 29, 2016, the shorts increased to 3,640,704 shares by August 15, 2016. There are 5 more days left for the expiry and the daily trading volume of the stock is 785,822 shares. The total interest of shorts is 3.2% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.
PTC (NASDAQ:PTC): The stock opened at $42.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $42.61 for the day. The stock traded down to $42.05 during the day, due to lack of any buying support eventually closed down at $42.25 with a loss of -0.71% for the day. The stock had closed at $42.55 on the previous day. The total traded volume was 795,344 shares.
In a related news, The officer (EVP, Customer Success), of Ptc Inc., Cohen Matthew Lessner had unloaded 8,000 shares at $42.57 per share in a transaction on August 15, 2016. The total value of transaction was $340,560. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
PTC Inc., develops and delivers technology solutions, comprised of software and services, that transform the way customers create and service their products The Company operates in two Software Products, which includes license and related support revenue for all its products except training-related products, and Services, which includes consulting, implementation, training and license and support revenue for computer-based training products. The Companys solutions and software products include Computer-Aided Design (CAD), Product Lifecycle Management (PLM), Application Lifecycle Management (ALM), Supply Chain Management (SCM) and Service Lifecycle Management (SLM). The Company generates revenue through the sale of software licenses, support and services.