ServiceMaster Global Holdings (SERV) has 6,172,771 shares of shorts outstanding as on August 15, 2016, with 5 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 6,514,410 shares. The stock has a decent trading volume of 1,370,726 shares daily. The marginal decrease in the short positions is by -5.2%, which amounts to -341,639 shares. Short positions are 4.6% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
ServiceMaster Global Holdings (NYSE:SERV): The stock opened at $37.50 on Wednesday but the bulls could not build on the opening and the stock topped out at $37.50 for the day. The stock traded down to $36.90 during the day, due to lack of any buying support eventually closed down at $37.25 with a loss of -0.51% for the day. The stock had closed at $37.44 on the previous day. The total traded volume was 863,263 shares.
In a related news, The Securities and Exchange Commission has divulged that Lucke James T, officer (SVP, General Counsel & Sec.) of Servicemaster Global Holdings Inc, had unloaded 5,199 shares at an average price of $38 in a transaction dated on August 11, 2016. The total value of the transaction was worth $197,562.
ServiceMaster Global Holdings, Inc. is a holding company. The Company is a provider of residential and commercial services, operating through a service network of more than 8,000 company owned locations and franchise and license agreements. The Companys services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. The Companys segments include Terminix, American Home Shield and the Franchise Services Group. The Terminix segment is a provider of termite and pest control services. The American Home Shield segment is a provider of home warranty plans for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration, janitorial and cleaning services through franchises.