Goldman Sachs Group (The) June 15th Short Interest Update

Goldman Sachs Group (The) (NYSE:GS) has shown a drop of 3.7% or 169,926 shares in the short positions. The bets have increased to 4,396,503 shares on June 15,2016 from 4,566,429 shares on May 31,2016. With respect to the floated shares, the shorts are 1.1%. The days to cover are calculated to be 1, using the standard per day volume of 3,191,772 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Goldman Sachs Group (The) (NYSE:GS): The stock opened at $143.03 on Friday but the bulls could not build on the opening and the stock topped out at $146.42 for the day. The stock traded down to $140.92 during the day, due to lack of any buying support eventually closed down at $141.86 with a loss of -7.07% for the day. The stock had closed at $152.66 on the previous day. The total traded volume was 9,442,225 shares.

The company shares have dropped -31.68% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $214.61 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $154.26 and the 200 Day Moving Average price is recorded at $158.83.

Goldman Sachs Group (The) (NYSE:GS) has tumbled 2.6% during the past week and has dropped 11.08% 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 0.98%. Goldman Sachs Group (The) (NYSE:GS) has underperformed the index by 8.39% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

The Goldman Sachs Group, Inc. is a bank holding company and a financial holding company. The Company is a global investment banking, securities and investment management company that provides a range of financial services to a diversified client base that include corporations, financial institutions, Governments and individuals. The Company has four business segments. The Investment Banking segments services include strategic advisory assignments and debt and equity underwriting of public offerings and private placements. Its Institutional Client Services segment makes markets and facilitates client transactions in fixed income, equity, currency and commodity products. Its investing and lending activities include the Companys investing and relationship lending activities across various asset classes, primarily debt securities and loans, public and private equity securities, and real estate. Its investment management segment provides investment and wealth advisory services.

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