Altria Group (NYSE:MO), A rise of 441,834 shares or 4.4% was seen in the short interest of Altria Group. Even as the interest increased from 9,989,888 shares on May 31,2016 to 10,431,722 shares on June 15,2016, the days to cover came in at 2. The updated interest stood at 0.5% of the stocks floats. The stock has seen an average daily volume of 5,614,875 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Altria Group (NYSE:MO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $65.14 and $65.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $68.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $67.02, notching a gain of 1.07% for the day. The total traded volume was 16,923,882 . The stock had closed at $66.31 on the previous day.
The company shares have rallied 37.70% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $68.00 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $64.75 and the 200 Day Moving Average price is recorded at $61.59.
Altria Group (NYSE:MO) has climbed 2.48% in the past week and advanced 4.78% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.18% and the outperformance has advanced to 7.95% for the last 4 weeks period.
Altria Group, Inc. is a holding company. The Companys reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA, and UST LLC (UST), which through its wholly owned subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.