Fortune Brands Home & Security June 15th Short Interest Update

Fortune Brands Home & Security (NYSE:FBHS) stated gains of 479,977 shares or 6% in the short interest. The short interest registered from 8,057,954 on May 31,2016 to 8,537,931 on June 15,2016. In terms of floated shares, the shorted positions stood at 5.6%. The stock has been averaging 797,787 shares daily in trading and would need 11 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Fortune Brands Home & Security (NYSE:FBHS): The stock opened at $54.86 on Friday but the bulls could not build on the opening and the stock topped out at $56.79 for the day. The stock traded down to $54.51 during the day, due to lack of any buying support eventually closed down at $55.74 with a loss of -1.94% for the day. The stock had closed at $56.84 on the previous day. The total traded volume was 4,578,424 shares.

The company shares have rallied 23.13% from its 1 Year high price. On Apr 21, 2016, the shares registered one year high at $59.98 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $57.25 and the 200 Day Moving Average price is recorded at $53.91.

Fortune Brands Home & Security (NYSE:FBHS) has tumbled 1.33% during the past week and has dropped 5.41% in the last 4 week period. The company has outperformed the S&P 500 by 0.31% in the past week but underperformed the index by 2.55% in the last 4 weeks.

Fortune Brands Home & Security, Inc. is a holding company. The Company, through its subsidiaries, engaged in manufacture and sale of home and security products. The Company operates through four business segments: Cabinets, Plumbing, Doors and Security. The Cabinets segment provides cabinetry, as well as vanities, for the kitchen, bath and other parts of the home through a regional supply chain footprint in North America. The Plumbing segment manufactures or assembles and sells faucets, accessories and kitchen sinks in North America and China, predominantly under the Moen brand. The Doors segment offers fiberglass and steel entry door systems under the Therma-Tru brand and urethane millwork product lines under the Fypon brand. The Security segments products consist of locks, safety and security devices manufactured, sourced and distributed under the Master Lock brand, and fire resistant safes and commercial cabinets manufactured, sourced and distributed under the SentrySafe brand.

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