Endo International plc (NASDAQ:ENDP) stated gains of 1,270,227 shares or 9.8% in the short interest. The short interest registered from 13,001,630 on May 31,2016 to 14,271,857 on June 15,2016. In terms of floated shares, the shorted positions stood at 7.2%. The stock has been averaging 9,469,058 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Endo International plc (NASDAQ:ENDP): The stock opened at $15.12 on Friday but the bulls could not build on the opening and the stock topped out at $15.55 for the day. The stock traded down to $14.66 during the day, due to lack of any buying support eventually closed down at $14.85 with a loss of -6.25% for the day. The stock had closed at $15.84 on the previous day. The total traded volume was 10,050,357 shares.
The company shares have dropped -81.06% from its 1 Year high price. On Aug 3, 2015, the shares registered one year high at $88.54 and the one year low was seen on May 12, 2016. The 50-Day Moving Average price is $15.90 and the 200 Day Moving Average price is recorded at $37.52.
Endo International plc (NASDAQ:ENDP) has tumbled 9.67% during the past week and has dropped 3.45% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 8.17%. Endo International plc (NASDAQ:ENDP) has underperformed the index by 0.52% in the last 4 weeks. Investors should watch out for further signals and trade with caution.