HD Supply Holdings June 15th Short Interest Update

HD Supply Holdings (NASDAQ:HDS), A increase of 453,771 shares or 23.2% was observed in the short interest of HD Supply Holdings, Inc. The interest on June 15,2016 came in at 2,407,542 shares and as per the average daily trading of 2,328,644 shares, the days to cover are 1. The increased interest is 1.2% of the floated shares. The data of May 31,2016 put the interest at 1,953,771 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

HD Supply Holdings (NASDAQ:HDS): The stock opened at $33.81 on Friday but the bulls could not build on the opening and the stock topped out at $34.52 for the day. The stock traded down to $33.46 during the day, due to lack of any buying support eventually closed down at $34.24 with a loss of -2.92% for the day. The stock had closed at $35.27 on the previous day. The total traded volume was 5,772,801 shares.

The company shares have dropped -1.38% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $36.81 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $34.33 and the 200 Day Moving Average price is recorded at $30.64.

Stocks of HD Supply Holdings (NASDAQ:HDS) rallied by 0.18% during the past week but lost 0.75% on a 4-week basis. In the past week, the company has outperformed the S&P 500 by 1.84% and the outperformance has advanced to 2.25% for the last 4 weeks period.

HD Supply Holdings, Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance, repair and operations (MRO) products, provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.

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