Short Interest Update on Robert Half International (RHI)

Robert Half International (RHI) : 2 days before expiry, shorts in Robert Half International (RHI) have reduced from 2,709,727 on Jul 29, 2016, to 2,619,535 on August 15, 2016. On an average, 1,223,439 shares are traded on the exchange. The outstanding bearish positions are equal to 2.1% of the float. Short sellers have covered -90,192 shares, a reduction of -3.3%, 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.

Robert Half International (NYSE:RHI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $38.41 and $38.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $38.34, notching a gain of 0.13% for the day. The total traded volume was 1,127,502 . The stock had closed at $38.29 on the previous day.


In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of Half Robert International Inc /De/, Glass Robert W had sold 30,061 shares worth of $1,109,852 in a transaction dated August 10, 2016. In this transaction, 30,061 shares were sold at $36.92 per share.

Robert Half International Inc. is engaged in providing specialized staffing and risk consulting services. The Company provides staffing and risk consulting services through the divisions: Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti. The Company operates through three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services. The temporary and consultant segment provides specialized staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing and Web design fields. The permanent placement segment provides full-time personnel in the accounting, finance, administrative and office, and information technology fields. The risk consulting segment provides business and technology risk consulting and internal audit services.

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.