The short interest in Ford Motor Company (NYSE:F) has increased from 147,022,394 on May 31,2016 to 149,571,674 on June 15,2016. The change was measured at 2,549,280 shares or 1.7%. The leftover shorts were 3.8% of the floated shares. The days to cover are 5, given the average daily volume of 30,490,280 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Ford Motor Company (NYSE:F): The stock opened at $12.79 on Friday but the bulls could not build on the opening and the stock topped out at $12.91 for the day. The stock traded down to $12.45 during the day, due to lack of any buying support eventually closed down at $12.52 with a loss of -6.57% for the day. The stock had closed at $13.40 on the previous day. The total traded volume was 96,887,304 shares.
The company shares have dropped -16.64% from its 1 Year high price. On Oct 26, 2015, the shares registered one year high at $15.84 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $13.23 and the 200 Day Moving Average price is recorded at $13.04.
Ford Motor Company (NYSE:F) has tumbled 5.58% during the past week and has dropped 6.91% 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 4.01%. Ford Motor Company (NYSE:F) has underperformed the index by 4.1% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses, including holding companies and real estate-related activities. The Company has around 62 plants across the world. Through its wholly owned subsidiary, Ford Motor Credit Company LLC, it provides automotive financing products to and through automotive dealers throughout the world.