CA (NASDAQ:CA) has seen a rise of 1,192,596 shares or 10.1% in the short interest. The remaining shorts are 4.2% of the total floated shares. The net short interest, as on June 15,2016, stood at 13,045,115 shares and the stocks days to cover will be 5 by factoring in the average per day volume of 2,589,355 shares. On May 31,2016, 11,852,519 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
CA (NASDAQ:CA): The stock opened at $32.31 on Friday but the bulls could not build on the opening and the stock topped out at $32.90 for the day. The stock traded down to $31.99 during the day, due to lack of any buying support eventually closed down at $32.00 with a loss of -4.69% for the day. The stock had closed at $33.58 on the previous day. The total traded volume was 4,658,880 shares.
The company shares have rallied 10.08% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $33.58 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $32.02 and the 200 Day Moving Average price is recorded at $29.77.
CA (NASDAQ:CA) has tumbled 2.17% during the past week and has dropped 0.22% in the last 4 week period. The stocks have underperformed the S&P 500 by 0.55% during the past week but CA (NASDAQ:CA) it has outperformed the index in 4 weeks by 2.8%.
CA, Inc. (CA Technologies) is engaged in providing information technology (IT) management software and solutions. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services. The Mainframe Solutions segment products allow customers and partners transform mainframe management. The Enterprise Solutions segment consists of products, including DevOps, which allows customers to unite application development and IT operations; Management Cloud, which includes the Companys IT Business Management (ITBM) solutions, API Management solutions and Enterprise Mobility Management solutions, and Security, which consists of identity and access management. The Services segment consists of product implementation, consulting, customer education and customer training.