Harley-Davidson (NYSE:HOG) has shown a rise of 6.4% or 1,766,744 shares in the short positions. The bets have increased to 29,315,542 shares on June 15,2016 from 27,548,798 shares on May 31,2016. With respect to the floated shares, the shorts are 16.3%. The days to cover are calculated to be 14, using the standard per day volume of 2,065,393 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Harley-Davidson (NYSE:HOG): The stock opened at $44.92 on Friday but the bulls could not build on the opening and the stock topped out at $45.64 for the day. The stock traded down to $43.52 during the day, due to lack of any buying support eventually closed down at $43.55 with a loss of -7.06% for the day. The stock had closed at $46.86 on the previous day. The total traded volume was 4,654,745 shares.
The company shares have dropped -22.13% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $60.67 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $45.25 and the 200 Day Moving Average price is recorded at $45.03.
Harley-Davidson (NYSE:HOG) has tumbled 3.5% during the past week and has dropped 4.35% 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 1.9%. Harley-Davidson (NYSE:HOG) has underperformed the index by 1.45% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) segment and the Financial Services segment. The Motorcycles segment consists of HDMC, which designs, manufactures and sells street-legal Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services. The Companys products are sold to retail customers through a network of independent dealers. The Financial Services segment consists of HDFS, which provides wholesale and retail financing, and insurance and insurance-related programs to Harley-Davidson dealers and their retail customers. The Company conducts its business around the world, including in North America, Europe, the Middle East and Africa (EMEA); Asia-Pacific, and Latin America.