Harte-Hanks June 15th Short Interest Update

Harte-Hanks (NYSE:HHS) stated gains of 361,065 shares or 27.4% in the short interest. The short interest registered from 1,315,408 on May 31,2016 to 1,676,473 on June 15,2016. In terms of floated shares, the shorted positions stood at 3.6%. The stock has been averaging 1,358,679 shares daily in trading and would need 1 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Harte-Hanks (NYSE:HHS): The stock opened at $1.51 on Friday but the bulls could not build on the opening and the stock topped out at $1.57 for the day. The stock traded down to $1.48 during the day, due to lack of any buying support eventually closed down at $1.55 with a loss of -5.49% for the day. The stock had closed at $1.64 on the previous day. The total traded volume was 4,633,382 shares.

The company shares have dropped -74.46% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $6.29 and the one year low was seen on Jun 7, 2016. The 50-Day Moving Average price is $1.35 and the 200 Day Moving Average price is recorded at $2.55.

Harte-Hanks (NYSE:HHS) has tumbled 12.43% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 49.04% in the last four weeks. The stocks have underperformed the S&P 500 by 10.98% during the past week but Harte-Hanks (NYSE:HHS) it has outperformed the index in 4 weeks by 53.55%.

Harte Hanks, Inc. (Harte Hanks) is a multi-channel marketing organization. Through strategic agencies and its core marketing services, the Company develops integrated solutions that connect brands with prospects and customers. The Company operates through two segments: Customer Interaction and Trillium Software. The Companys Customer Interaction segment provides a range of integrated, multi-channel, data-driven solutions for a range of brands around the globe. The Customer Interaction segment offers a range of marketing services, in media from direct mail to email, including agency and digital services; database marketing solutions and business-to-business lead generation; direct mail, and contact centers. The Trillium Software is a provider of enterprise data quality solutions. The Company offers industry-specific business solutions to solve data problems experienced by financial services, banking, retail, healthcare, manufacturing and risk professionals.

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