Halliburton Company (NYSE:HAL), According to the latest information the short interest in Halliburton Holding Company shot up by 8.6% or 2,337,041 shares. The final shorts are 3.4% of the total floated shares. The positions increased from 27,079,388 shares on May 31,2016 to 29,416,429 on June 15,2016. According to the per-day average trading of 9,944,359 shares, the days to cover are 3. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Halliburton Company (NYSE:HAL): The stock opened at $43.81 on Friday but the bulls could not build on the opening and the stock topped out at $44.65 for the day. The stock traded down to $43.56 during the day, due to lack of any buying support eventually closed down at $43.92 with a loss of -4.19% for the day. The stock had closed at $45.84 on the previous day. The total traded volume was 12,651,422 shares.
The company shares have rallied 2.88% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $46.69 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $42.51 and the 200 Day Moving Average price is recorded at $36.59.
Halliburton Company (NYSE:HAL) has tumbled 0.43% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.15% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.22% and the outperformance has advanced to 6.27% for the last 4 weeks period.
Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions, which form the basis for its two operating segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Companys Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. Production Enhancement services include stimulation services and sand control services. The Companys Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and precise wellbore placement solutions. The Company conducts its business in approximately 80 countries.