Capital One Financial Corporation June 15th Short Interest Update

Capital One Financial Corporation (NYSE:COF) has witnessed a rise of 15.3% or 1,170,352 shares in its short figure. The short interest augmentation took it from 7,633,095 on May 31,2016 to 8,803,447 on June 15,2016. In terms of floated shares, the short interest was calculated to be 1.7%. The days to cover are 2 given that the daily volume averaged 4,237,750 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Capital One Financial Corporation (NYSE:COF): The stock opened at $62.55 on Friday but the bulls could not build on the opening and the stock topped out at $64.28 for the day. The stock traded down to $61.75 during the day, due to lack of any buying support eventually closed down at $61.88 with a loss of -5.67% for the day. The stock had closed at $65.60 on the previous day. The total traded volume was 8,115,275 shares.

The company shares have dropped -29.48% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $92.10 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $69.35 and the 200 Day Moving Average price is recorded at $68.86.

Capital One Financial Corporation (NYSE:COF) has tumbled 3.6% during the past week and has dropped 16.19% 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 2%. Capital One Financial Corporation (NYSE:COF) has underperformed the index by 13.65% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Capital One Financial Corp is a diversified financial services holding company. The Company and its subsidiaries offer a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. In addition to bank lending, treasury management and depository services, the Company offers credit and debit card products, auto loans and mortgage banking in markets across the United States. The Company operates three primary business segments: Credit Card, Consumer Banking and Commercial Banking. The Companys principal subsidiaries include the following: Capital One Bank (USA), National Association (COBNA), which offers credit and debit card products, other lending products and deposit products, and Capital One, National Association (CONA), which offers a range of banking products and financial services to consumers, small businesses and commercial clients.

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