The short interest in DENTSPLY International (NASDAQ:XRAY) has increased from 7,575,684 on May 31,2016 to 8,487,488 on June 15,2016. The change was measured at 911,804 shares or 12%. The leftover shorts were 3.6% of the floated shares. The days to cover are 7, given the average daily volume of 1,298,368 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
DENTSPLY International (NASDAQ:XRAY): The stock opened at $62.39 on Friday but the bulls could not build on the opening and the stock topped out at $63.08 for the day. The stock traded down to $61.27 during the day, due to lack of any buying support eventually closed down at $61.30 with a loss of -4.53% for the day. The stock had closed at $64.21 on the previous day. The total traded volume was 7,121,596 shares.
The company shares have rallied 19.42% from its 1 Year high price. On Jun 13, 2016, the shares registered one year high at $65.83 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $62.42 and the 200 Day Moving Average price is recorded at $60.31.
DENTSPLY International (NASDAQ:XRAY) has tumbled 3.02% during the past week and has dropped 1.87% in the last 4 week period. The stocks have underperformed the S&P 500 by 1.41% during the past week but DENTSPLY International (NASDAQ:XRAY) it has outperformed the index in 4 weeks by 1.1%.
DENTSPLY International Inc. is a designer, developer, manufacturer and marketer of a range of consumable dental products for the professional dental market. It operates through three segments: Dental Consumable and Certain International Businesses; Dental Specialty and Laboratory and Certain Global Distribution Businesses, and Healthcare and Emerging Markets Businesses. All the segments are primarily engaged in the design, manufacture and distribution of dental and medical products in four product categories. Its Dental Consumable Products consist of dental supplies and devices and small equipment used in dental offices. Its Dental Laboratory Products are used in the preparation of dental appliances by dental laboratories. Its Dental Specialty Products are specialized treatment products used within the dental office and laboratory settings. Its Consumable Medical Device Products consist mainly of urology catheters, certain surgical products, medical drills and other products.