Toll Brothers June 15th Short Interest Update

Toll Brothers (NYSE:TOL), According to the latest information the short interest in Toll Brothers Inc plummeted by 1.4% or 116,156 shares. The final shorts are 5.2% of the total floated shares. The positions dropped from 8,082,224 shares on May 31,2016 to 7,966,068 on June 15,2016. According to the per-day average trading of 2,103,067 shares, the days to cover are 4. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Toll Brothers (NYSE:TOL): The stock opened at $26.35 on Friday but the bulls could not build on the opening and the stock topped out at $26.97 for the day. The stock traded down to $26.35 during the day, due to lack of any buying support eventually closed down at $26.56 with a loss of -3.73% for the day. The stock had closed at $27.59 on the previous day. The total traded volume was 4,668,306 shares.

The company shares have dropped -29.49% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $42.19 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $27.86 and the 200 Day Moving Average price is recorded at $28.79.

Toll Brothers (NYSE:TOL) has tumbled 4.53% during the past week and has dropped 8.89% 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 2.94%. Toll Brothers (NYSE:TOL) has underperformed the index by 6.13% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Toll Brothers, Inc., is a property development company. The Company is engaged in designing, building, marketing and arranging finance for detached and attached homes in luxury residential communities. The Company caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in the United States. The Company also builds and sells homes in urban infill markets through Toll City Living community. The Company operates on own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations. The Company also develops, owns and operates golf courses and country clubs, which are associated with planned communities.

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