Caseys General Stores (NASDAQ:CASY), A rise of 72,808 shares or 2.9% was seen in the short interest of Caseys General Stores, Inc.. Even as the interest increased from 2,550,452 shares on May 31,2016 to 2,623,260 shares on June 15,2016, the days to cover came in at 6. The updated interest stood at 6.8% of the stocks floats. The stock has seen an average daily volume of 459,425 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Caseys General Stores (NASDAQ:CASY): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $115.52 and $115.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $123.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $122.80, notching a gain of 2.60% for the day. The total traded volume was 4,565,027 . The stock had closed at $119.69 on the previous day.
The company shares have rallied 30.04% from its 1 Year high price. On Dec 15, 2015, the shares registered one year high at $129.53 and the one year low was seen on Jun 29, 2015. The 50-Day Moving Average price is $118.40 and the 200 Day Moving Average price is recorded at $114.84.
Caseys General Stores (NASDAQ:CASY) has climbed 4.74% in the past week and advanced 2.36% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 6.48% and the outperformance has advanced to 5.46% for the last 4 weeks period.
Caseys General Stores, Inc. and its wholly owned subsidiaries operate convenience stores under the name Caseys General Store in 14 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food, including freshly prepared foods, such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items. As of April 30, 2015, the Company operated 1,878 stores. The Company operates a central warehouse, Caseys Distribution Center in Ankeny, Iowa, through which it supplies grocery and general merchandise items to its stores. The Companys subsidiary Caseys Retail Company operates stores in Illinois, Kansas, Minnesota, Nebraska, North Dakota and South Dakota. Its subsidiary Caseys Marketing Company owns and has responsibility for the operation of stores in Arkansas, Indiana, Iowa, Kentucky, Missouri, Oklahoma, Tennessee and Wisconsin.