ConAgra Foods June 15th Short Interest Update

The short interest in ConAgra Foods (NYSE:CAG) has declined from 4,775,259 on May 31,2016 to 4,217,673 on June 15,2016. The change was measured at 557,586 shares or 11.7%. The leftover shorts were 1% of the floated shares. The days to cover are 2, given the average daily volume of 2,115,369 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

ConAgra Foods (NYSE:CAG): The stock opened at $47.07 on Friday but the bulls could not build on the opening and the stock topped out at $47.46 for the day. The stock traded down to $46.65 during the day, due to lack of any buying support eventually closed down at $46.95 with a loss of -2.00% for the day. The stock had closed at $47.91 on the previous day. The total traded volume was 8,415,079 shares.

The company shares have rallied 8.11% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $47.94 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $46.05 and the 200 Day Moving Average price is recorded at $43.37.

ConAgra Foods (NYSE:CAG) has climbed 0.17% in the past week and advanced 3.67% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.83% and the outperformance has advanced to 6.8% for the last 4 weeks period.

ConAgra Foods, Inc. operates as a packaged food company. The Company offers branded and private branded food to households, as well as commercial food, which serve various restaurants and foodservice operations. Its brands include Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunts, Marie Callenders, Orville Redenbachers, PAM, Peter Pan, Reddi-wip, Slim Jim and Snack Pack, among others. The Company sells its products under private brand labels in grocery, convenience, mass merchandise, club and drug stores. The Company also supplies frozen potato and sweet potato products, as well as other vegetable, spice, bakery and grain products to restaurants, commercial and foodservice customers. It operates in three segments: Consumer Foods, Commercial Foods and Private Brands. It has international manufacturing facilities in Argentina, Canada and Mexico, and interests in ownership of international manufacturing facilities in India and Mexico.

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