$HOG Harley-Davidson’s stock rockets to bigg
Post# of 58
to biggest gain in seven years NYSE $54.25
HOG gone wild CNBC(Fri 5:17PM EDT)
Trading volume balloons as reports of takeover talk
comes amid a 5-year high for bearish HOG bets
Website
Shares Outstanding: 181.09M
Float: 182.23M
% Held by Insiders: 0.50%
% Held by Institutions: 82.60%
Shares Short (as of Jun 15, 2016): 29.32M
Short Ratio (as of Jun 15, 2016): 13.93
Short % of Float (as of Jun 15, 2016): 16.06%
Shares Short (prior month): 27.55M
Shares of Harley-Davidson Inc.rocketed on heavy volume Friday as reports of takeover interest circulated at a time when bearish bets were at multiyear highs.
The nearly 20% surge was the stock’s HOG, -0.83% best one-day performance since it shot up 20.5% on March 18, 2009. Volume soared to 23 million shares, which was more than 10 times the full-day average, and the highest level since Oct. 20, 2015.
The Fly reported earlier Friday KKR & Co. KKR, +0.00% could be interested in buying the motorcycle maker.