Short Interest Update on SeaWorld Entertainment (SEAS)

SeaWorld Entertainment (SEAS) : Traders are increasing their bearish positions on the stock, as is visible by the 6.6% jump in the outstanding short positions; a total addition of 1,124,109 shares on the sell side. On Jul 29, 2016, the total short positions were 16,984,615 shares, which went up to 18,108,724 shares by the close of trading on August 15, 2016. It will take 5 days for the bears to roll over or cover. An average of 3,497,073 shares exchange hands daily. 27.5% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.

SeaWorld Entertainment (NYSE:SEAS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.50 and $13.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.73, notching a gain of 2.23% for the day. The total traded volume was 2,573,240 . The stock had closed at $13.43 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 (Chief Parks Operations Officer) of Seaworld Entertainment, Inc., Reilly John T had sold 1,214 shares worth of $25,251 in a transaction dated April 15, 2016. In this transaction, 1,214 shares were sold at $20.8 per share.

SeaWorld Entertainment, Inc. (SeaWorld) is a theme park and entertainment company. It owns or licenses a portfolio of brands including SeaWorld, Shamu and Busch Gardens. It has 11 destination and regional theme parks that are located across the United States. Its theme parks feature an array of rides, shows and other attractions. The Company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas, and San Diego, California, and Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. The Company operates water park attractions in Orlando, Florida (Aquatica); San Diego, California (Aquatica); Tampa, Florida (Adventure Island), and Williamsburg, Virginia (Water Country USA). The Company also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne, Pennsylvania (Sesame Place).

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