The short interest in Brookdale Senior Living (NYSE:BKD) has increased from 13,349,601 on May 31,2016 to 13,446,306 on June 15,2016. The change was measured at 96,705 shares or 0.7%. The leftover shorts were 7.4% of the floated shares. The days to cover are 6, given the average daily volume of 2,370,448 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Brookdale Senior Living (NYSE:BKD): The stock opened at $15.45 on Friday but the bulls could not build on the opening and the stock topped out at $15.81 for the day. The stock traded down to $15.27 during the day, due to lack of any buying support eventually closed down at $15.57 with a loss of -4.24% for the day. The stock had closed at $16.26 on the previous day. The total traded volume was 5,026,037 shares.
The company shares have dropped -55.62% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $35.92 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $17.43 and the 200 Day Moving Average price is recorded at $16.68.
Brookdale Senior Living (NYSE:BKD) has tumbled 3.05% during the past week and has dropped 13.5% 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 1.44%. Brookdale Senior Living (NYSE:BKD) has underperformed the index by 10.88% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services, and Management Services. The Companys Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Companys Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Companys CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health, therapy and other ancillary services, and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Companys unconsolidated ventures.