Coca-Cola Enterprises (NYSE:CCE) encountered a drop of 54.2% or -5,341,567 shares in the short positions. The number dropped from 9,864,015 on May 31,2016 to 4,522,448 on June 15,2016. The final interest is 2.2% of the floated stock. The days to cover figure of 1 can be arrived using the average daily exchange of 7,129,891 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Coca-Cola Enterprises (NYSE:CCE): The stock opened at $35.22 on Friday but the bulls could not build on the opening and the stock topped out at $36.14 for the day. The stock traded down to $34.73 during the day, due to lack of any buying support eventually closed down at $35.07 with a loss of -6.90% for the day. The stock had closed at $37.67 on the previous day. The total traded volume was 9,702,959 shares.
The company shares have dropped -19.64% from its 1 Year high price. On Apr 14, 2016, the shares registered one year high at $54.54 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $44.63 and the 200 Day Moving Average price is recorded at $48.26.
Coca-Cola Enterprises (NYSE:CCE) has tumbled 6.41% during the past week and has dropped 31.97% 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 4.85%. Coca-Cola Enterprises (NYSE:CCE) has underperformed the index by 29.91% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Coca-Cola Enterprises, Inc. (CCE) markets, produces and distributes non-alcoholic beverages. The Company serves a market of approximately 170 million consumers throughout Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. The Company is The Coca-Cola Companys (TCCC) bottling partner in Western Europe. The Company has bottling rights within its territories for various beverage brands, including products with the name Coca-Cola. The Company purchases concentrates and syrups from TCCC and other licensors to manufacture products. In addition, it purchases sweeteners, juices, mineral waters, finished product, carbon dioxide, fuel, PET (plastic) preforms, glass, aluminum and plastic bottles, aluminum and steel cans, pouches, closures, post-mix, and packaging materials. The Companys beverage portfolio includes Coca-Cola, Diet Coke/Coca-Cola light, Coca-Cola Zero, Fanta and Capri-Sun, among others.