Graphic Packaging Holding Company June 15th Short Interest Update

Graphic Packaging Holding Company (NYSE:GPK) has shown a rise of 29.1% or 894,010 shares in the short positions. The bets have increased to 3,968,769 shares on June 15,2016 from 3,074,759 shares on May 31,2016. With respect to the floated shares, the shorts are 1.3%. The days to cover are calculated to be 1, using the standard per day volume of 3,057,907 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Graphic Packaging Holding Company (NYSE:GPK): The stock opened at $12.55 on Friday but the bulls could not build on the opening and the stock topped out at $12.82 for the day. The stock traded down to $12.55 during the day, due to lack of any buying support eventually closed down at $12.63 with a loss of -3.37% for the day. The stock had closed at $13.07 on the previous day. The total traded volume was 5,486,269 shares.

The company shares have dropped -7.20% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $15.28 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $13.14 and the 200 Day Moving Average price is recorded at $12.65.

Graphic Packaging Holding Company (NYSE:GPK) has tumbled 0.16% during the past week and has dropped 7.06% in the last 4 week period. The company has outperformed the S&P 500 by 1.5% in the past week but underperformed the index by 4.25% in the last 4 weeks.

Graphic Packaging Holding Company is a provider of paper-based packaging solutions to food, beverage and other consumer products companies. The Company operates in four geographic areas, which includes the United States/Canada, Central/South America, Europe and Asia Pacific. The Companys paperboard packaging includes the design, manufacture and installation of packaging machinery related to the assembly of cartons, as well as the production and sale of corrugated medium and kraft paper from paperboard mills in the United States. It includes a system of mills and plants that produce a range of paperboard grades convertible into folding cartons. The Company offers various laminated, coated and printed packaging structures that are produced from its coated unbleached kraft (CUK), coated-recycled board (CRB), as well as other grades of paperboard that are purchased from third-party suppliers.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *