Hartford Financial Services Group (The) (NYSE:HIG), According to the latest information the short interest in Hartford Fin Services Gp plummeted by 6.1% or 332,828 shares. The final shorts are 1.3% of the total floated shares. The positions dropped from 5,469,886 shares on May 31,2016 to 5,137,058 on June 15,2016. According to the per-day average trading of 1,975,226 shares, the days to cover are 3. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Hartford Financial Services Group (The) (NYSE:HIG): The stock opened at $42.64 on Friday but the bulls could not build on the opening and the stock topped out at $43.85 for the day. The stock traded down to $42.36 during the day, due to lack of any buying support eventually closed down at $42.40 with a loss of -5.69% for the day. The stock had closed at $44.96 on the previous day. The total traded volume was 4,610,256 shares.
The company shares have rallied 2.76% from its 1 Year high price. On Aug 13, 2015, the shares registered one year high at $50.95 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $44.39 and the 200 Day Moving Average price is recorded at $43.44.
Hartford Financial Services Group (The) (NYSE:HIG) has tumbled 3.64% during the past week and has dropped 6.19% 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 2.04%. Hartford Financial Services Group (The) (NYSE:HIG) has underperformed the index by 3.36% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
The Hartford Financial Services Group, Inc. (The Hartford) is an insurance and financial services holding company. The Hartford is a provider of property and casualty insurance and group life and disability products to individual and business customers in the United States of America. It is also a provider of mutual funds to investors and additionally, The Hartford manages life and annuity products. The Hartford conducts business principally in six segments, including Commercial Lines (formerly Property & Casualty Commercial), Personal Lines (formerly Consumer Markets), Property & Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution, as well as a Corporate category. The Hartford includes in its Corporate category the Companys debt financing and related interest expense, as well as other capital raising activities, and purchase accounting adjustments related to goodwill and other expenses not allocated to other segments.