Citizens Financial Group June 15th Short Interest Update

Citizens Financial Group (NYSE:CFG) has witnessed a rise of 5.8% or 415,093 shares in its short figure. The short interest augmentation took it from 7,121,815 on May 31,2016 to 7,536,908 on June 15,2016. In terms of floated shares, the short interest was calculated to be 1.4%. The days to cover are 1 given that the daily volume averaged 5,190,202 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Citizens Financial Group (NYSE:CFG): The stock opened at $20.47 on Friday but the bulls could not build on the opening and the stock topped out at $20.82 for the day. The stock traded down to $19.95 during the day, due to lack of any buying support eventually closed down at $19.95 with a loss of -9.81% for the day. The stock had closed at $22.12 on the previous day. The total traded volume was 21,596,271 shares.

The company shares have dropped -25.92% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $28.18 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $22.40 and the 200 Day Moving Average price is recorded at $22.35.

Citizens Financial Group (NYSE:CFG) has tumbled 5.45% during the past week and has dropped 15.43% 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 3.88%. Citizens Financial Group (NYSE:CFG) has underperformed the index by 12.87% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Citizens Financial Group, Inc. is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals, institutions and companies. The Company operates approximately 1,200 branches in an 11-state footprint across the New England, Mid-Atlantic and Midwest regions. The Company serves the financial needs of customers and prospects through its online, telephone and mobile banking platforms. It also maintains over 100 retail and commercial non-branch offices located both in the Companys banking footprint and in eleven other states and the District of Columbia. The Company operates in two segments: Consumer Banking and Commercial Banking. The Companys subsidiaries are Citizens Bank, N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA).

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