Expedia June 15th Short Interest Update

Expedia (NASDAQ:EXPE) encountered a rise of 0.3% or 40,056 shares in the short positions. The number escalated from 13,826,489 on May 31,2016 to 13,866,545 on June 15,2016. The final interest is 11.6% of the floated stock. The days to cover figure of 9 can be arrived using the average daily exchange of 1,626,242 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Expedia (NASDAQ:EXPE): The stock opened at $102.54 on Friday but the bulls could not build on the opening and the stock topped out at $106.28 for the day. The stock traded down to $101.22 during the day, due to lack of any buying support eventually closed down at $101.76 with a loss of -7.41% for the day. The stock had closed at $109.90 on the previous day. The total traded volume was 5,446,651 shares.

The company shares have dropped -4.85% from its 1 Year high price. On Nov 5, 2015, the shares registered one year high at $140.51 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $109.65 and the 200 Day Moving Average price is recorded at $110.13.

Expedia (NASDAQ:EXPE) has tumbled 2.29% during the past week and has dropped 9.38% 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 0.66%. Expedia (NASDAQ:EXPE) has underperformed the index by 6.64% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Expedia, Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies, which provides a range of travel and advertising services through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world, EAN, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com and Classic Vacations; trivago, which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites, and Egencia, which provides managed travel services. In addition, it offers Travelocity, Orbitz, ebookers, HotelClub, and CheapTickets brands and business-to-business offerings, including Orbitz Partner Network and Orbitz for Business.

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