The short interest in Amazon.com (NASDAQ:AMZN) has declined from 5,199,056 on May 31,2016 to 5,136,091 on June 15,2016. The change was measured at 62,965 shares or 1.2%. The leftover shorts were 1.3% of the floated shares. The days to cover are 2, given the average daily volume of 2,863,500 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Amazon.com (NASDAQ:AMZN): The stock opened at $693.00 on Friday but the bulls could not build on the opening and the stock topped out at $712.53 for the day. The stock traded down to $692.20 during the day, due to lack of any buying support eventually closed down at $698.96 with a loss of -3.20% for the day. The stock had closed at $722.08 on the previous day. The total traded volume was 7,632,511 shares.
The company shares have rallied 62.60% from its 1 Year high price. On Jun 6, 2016, the shares registered one year high at $731.50 and the one year low was seen on Jul 7, 2015. The 50-Day Moving Average price is $711.20 and the 200 Day Moving Average price is recorded at $626.43.
Amazon.com (NASDAQ:AMZN) has tumbled 1.05% during the past week and has dropped 1.86% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 0.59% and the outperformance has advanced to 1.1% for the last 4 weeks period.
Amazon.com, Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Companys products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Companys operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.