Goldcorp June 15th Short Interest Update

The short interest in Goldcorp (NYSE:GG) has increased from 16,563,749 on May 31,2016 to 16,853,461 on June 15,2016. The change was measured at 289,712 shares or 1.7%. The leftover shorts were 2% of the floated shares. The days to cover are 2, given the average daily volume of 9,718,273 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Goldcorp (NYSE:GG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.77 and $18.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.38, notching a gain of 4.43% for the day. The total traded volume was 19,378,732 . The stock had closed at $17.60 on the previous day.

The company shares have rallied 12.35% from its 1 Year high price. On May 2, 2016, the shares registered one year high at $20.24 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $17.79 and the 200 Day Moving Average price is recorded at $15.26.

Goldcorp (NYSE:GG) has climbed 2.8% in the past week and advanced 10.72% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.5% and the outperformance has advanced to 14.07% for the last 4 weeks period.

Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition, exploration, development and operation of gold properties in Canada, the United States, Mexico and Central and South America. The Companys principal products are gold and the byproduct silver, copper, lead and zinc. Goldcorps operating assets include four mines in Canada, two mines in Mexico, and four in Central and South America.

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