Aon plc (NYSE:AON) has seen a rise of 942,081 shares or 28.5% in the short interest. The remaining shorts are 1.6% of the total floated shares. The net short interest, as on June 15,2016, stood at 4,243,717 shares and the stocks days to cover will be 4 by factoring in the average per day volume of 1,115,523 shares. On May 31,2016, 3,301,636 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Aon plc (NYSE:AON): The stock opened at $104.39 on Friday but the bulls could not build on the opening and the stock topped out at $105.21 for the day. The stock traded down to $103.41 during the day, due to lack of any buying support eventually closed down at $104.01 with a loss of -4.49% for the day. The stock had closed at $108.90 on the previous day. The total traded volume was 4,711,505 shares.
The company shares have rallied 3.96% from its 1 Year high price. On Jun 7, 2016, the shares registered one year high at $110.04 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $107.17 and the 200 Day Moving Average price is recorded at $98.92.
Aon plc (NYSE:AON) has tumbled 2.67% during the past week and has dropped 4.25% 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 1.05%. Aon plc (NYSE:AON) has underperformed the index by 1.36% in the last 4 weeks. Investors should watch out for further signals and trade with caution.