Boeing Company (The) June 15th Short Interest Update

Boeing Company (The) (NYSE:BA) stated gains of 3,596,601 shares or 13.6% in the short interest. The short interest registered from 26,530,633 on May 31,2016 to 30,127,234 on June 15,2016. In terms of floated shares, the shorted positions stood at 4.7%. The stock has been averaging 4,417,977 shares daily in trading and would need 7 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Boeing Company (The) (NYSE:BA): The stock opened at $128.14 on Friday but the bulls could not build on the opening and the stock topped out at $129.39 for the day. The stock traded down to $126.21 during the day, due to lack of any buying support eventually closed down at $126.52 with a loss of -5.26% for the day. The stock had closed at $133.55 on the previous day. The total traded volume was 9,707,256 shares.

The company shares have dropped -8.80% from its 1 Year high price. On Nov 20, 2015, the shares registered one year high at $150.59 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $130.54 and the 200 Day Moving Average price is recorded at $129.47.

Boeing Company (The) (NYSE:BA) has tumbled 2.54% during the past week and has dropped 2.09% in the last 4 week period. The stocks have underperformed the S&P 500 by 0.92% during the past week but Boeing Company (The) (NYSE:BA) it has outperformed the index in 4 weeks by 0.87%.

The Boeing Company, together with its subsidiaries, is an aerospace company. The Company operates through five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S) and Boeing Capital (BCC). The Defense, Space & Security (BDS) business includes BMA, N&SS and GS&S. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike. The N&SS segment is engaged in the research, development, production and modification of the products and related services. The GS&S segment provides a range of support solutions. The BCC segments portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.

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