MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

CLAR Crosses Above Average Analyst Target
Thursday, September 28, 9:15 AM ET, by Market News Video Staff

In recent trading, shares of Clarus Corp (CLAR) have crossed above the average analyst 12-month ...

CLAR: Insiders vs. Shorts
Tuesday, November 14, 2:16 PM ET, by Market News Video Staff

The most recent short interest data was recently released for the 10/31/2017 settlement date, and ...

  More articles:  1 2 next »

CLAR: Insiders vs. Shorts

By Market News Video Staff, Tuesday, November 14, 2:16 PM ET
Play Video: What Short Interest Means


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

The most recent short interest data was recently released for the 10/31/2017 settlement date, and Clarus Corp (NASDAQ:CLAR) is one of the most shorted stocks of the Russell 3000, based on 9.93 "days to cover" versus the median component at 5.18. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then divided by the average daily volume, to express the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.

In the case of Clarus Corp (NASDAQ:CLAR), the total short interest at the 10/31/2017 settlement date was 458,634 shares, which compares to the average daily trading volume of just 46,207 shares, for a "days to cover" ratio of 9.93.

When short sellers eventually cover their positions, by definition there must be buying activity because a share that is currently sold short must be purchased to be covered. At the present levels of short interest, if from this point forward every single CLAR share traded represented a short position being closed, then at the average daily volume of 46,207 shares it would only be during the 10th trading day that every short position would be closed.

So it would stand to reason that should some unexpectedly good news come out, and short sellers did not have 10 days of patience but instead wanted to cover their short positions very suddenly, that situation could result in sending the stock higher until the higher price produces enough sellers to generate the necessary volume to close out those positions quickly.

Clarus Corp (NASDAQ:CLAR) has something relatively rare for a stock with this much short interest, that being insiders taking the other side of the trade. Looking back over the trailing six month period, CLAR has seen 2 different instances of insider buying, as summarized by the table below:

Purchased Insider Title Shares Price/Share Value
08/22/2017 Nicolas Sokolow Director 15,800 $6.44 $101,686.00
08/24/2017 Nicolas Sokolow Director 19,625 $6.39 $125,353.75
08/25/2017 Nicolas Sokolow Director 25,000 $7.10 $177,500.00
11/10/2017 Aaron Kuehne Chief Admin Officer and CFO 5,923 $7.21 $42,704.83

Below is a chart showing the "days to cover" for CLAR over time:

And looking at the chart below, CLAR's low point in its 52 week range is $5.00 per share, with $7.95 as the 52 week high point that compares with a last trade of $7.25.

Clarus Corp  Moving Averages Chart

In recent trading, shares of Clarus Corp (NASDAQ:CLAR) were changing hands at $7.25/share.


Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   CLAR   Clarus   Corp   Director   Nicolas   Sokolow   average   because   being   below   buying   chart   close   closed   compares   cover   daily   data   date   days   every   fillColor   interest   most   must   number   over   period   point   position   positions   recent   represented   sellers   settlement   share   shares   short   stock   that   their   then   this   total   traded   trading   volume   week   with   would
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Chart Zero Stock Market Game Stock Market Definitions
MNV

CLAR: Insiders vs. Shorts | Market News Video | Copyright © 2008 - 2017, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.