DSW June 15th Short Interest Update

DSW (NYSE:DSW), A rise of 154,636 shares or 2.3% was seen in the short interest of DSW Inc.. Even as the interest increased from 6,852,777 shares on May 31,2016 to 7,007,413 shares on June 15,2016, the days to cover came in at 4. The updated interest stood at 10.5% of the stocks floats. The stock has seen an average daily volume of 1,697,255 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

DSW (NYSE:DSW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.64 and $20.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.31, notching a gain of 0.85% for the day. The total traded volume was 8,077,666 . The stock had closed at $21.13 on the previous day.

The company shares have dropped -35.89% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $35.20 and the one year low was seen on May 24, 2016. The 50-Day Moving Average price is $21.30 and the 200 Day Moving Average price is recorded at $24.07.

DSW (NYSE:DSW) has climbed 1.48% in the past week and advanced 1.52% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.16% and the outperformance has advanced to 4.6% for the last 4 weeks period.

DSW Inc. is a footwear and accessories retailer. The Company offers assortment of shoes, handbags and accessories for women and men. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. Its DSW segment includes DSW stores and dsw.com. The Company separates DSW merchandise into four primary categories: womens footwear; mens footwear; athletic footwear; and accessories and other. The ABG segment partners with four other retailers to help build and optimize their footwear businesses. As of January 31, 2015, the Company operated 431 DSW stores in 42 states, the District of Columbia and Puerto Rico. DSW stores average approximately 21,500 square feet and carry approximately 22,000 pairs of shoes. The Company also offers DSW Rewards, through which members earn points towards certificates every time they purchase.

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