Coca-Cola Company (The) June 15th Short Interest Update

Coca-Cola Company (The) (NYSE:KO), According to the latest information the short interest in Coca-cola shot up by 6.7% or 1,760,007 shares. The final shorts are 0.7% of the total floated shares. The positions increased from 26,312,952 shares on May 31,2016 to 28,072,959 on June 15,2016. According to the per-day average trading of 9,795,944 shares, the days to cover are 3. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Coca-Cola Company (The) (NYSE:KO): The stock opened at $44.20 on Friday but the bulls could not build on the opening and the stock topped out at $44.56 for the day. The stock traded down to $43.82 during the day, due to lack of any buying support eventually closed down at $43.93 with a loss of -2.55% for the day. The stock had closed at $45.08 on the previous day. The total traded volume was 26,003,657 shares.

The company shares have rallied 11.50% from its 1 Year high price. On Apr 11, 2016, the shares registered one year high at $47.13 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $44.99 and the 200 Day Moving Average price is recorded at $44.22.

Coca-Cola Company (The) (NYSE:KO) has tumbled 1.92% during the past week and has dropped 1.9% in the last 4 week period. The stocks have underperformed the S&P 500 by 0.29% during the past week but Coca-Cola Company (The) (NYSE:KO) it has outperformed the index in 4 weeks by 1.07%.

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands, such as Coca-Cola, Diet Coke, Fanta and Sprite. The Company makes its beverage products available to consumers throughout the world through its network of Company-owned or controlled bottling and distribution operations, as well as independent bottling partners, distributors, wholesalers and retailers. The Companys segments include Eurasia and Africa, Europe, Latin America, North America, Asia Pacific, Bottling Investments and Corporate.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.