Dow Chemical Company (The) June 15th Short Interest Update

Dow Chemical Company (The) (NYSE:DOW) reported a drop of 10.3% or 2,773,866 shares in its short interest. The short figure came in at 2.2% of the total floats. The average daily volume of 7,512,505 shares suggests that the days to cover 24,218,810 short positions, as on June 15,2016, will be 3. On May 31,2016, the short interest was 26,992,676 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Dow Chemical Company (The) (NYSE:DOW): The stock opened at $51.90 on Friday but the bulls could not build on the opening and the stock topped out at $52.54 for the day. The stock traded down to $51.38 during the day, due to lack of any buying support eventually closed down at $51.57 with a loss of -3.93% for the day. The stock had closed at $53.68 on the previous day. The total traded volume was 15,286,348 shares.

The company shares have rallied 1.54% from its 1 Year high price. On Dec 9, 2015, the shares registered one year high at $57.10 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $52.23 and the 200 Day Moving Average price is recorded at $49.98.

Dow Chemical Company (The) (NYSE:DOW) has tumbled 2.57% during the past week and has dropped 1.17% in the last 4 week period. The stocks have underperformed the S&P 500 by 0.95% during the past week but Dow Chemical Company (The) (NYSE:DOW) it has outperformed the index in 4 weeks by 1.82%.

The Dow Chemical Company (Dow) is as an integrated science and technology company. The Company is a diversified, manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world. The Company operates in five segments: Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals and Performance Plastics. The Company serves various industries, such as appliance, automotive, agricultural, building and construction, chemical processing, electronics, furniture, housewares, oil and gas, packaging, paints, coatings and adhesives, personal care, pharmaceutical, processed foods, pulp and paper, textile and carpet, utilities and water treatment.

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