Johnson Controls June 15th Short Interest Update

Johnson Controls (NYSE:JCI), According to the latest information the short interest in Johnson Controls shot up by 8.4% or 2,383,057 shares. The final shorts are 4.7% of the total floated shares. The positions increased from 28,303,236 shares on May 31,2016 to 30,686,293 on June 15,2016. According to the per-day average trading of 4,769,874 shares, the days to cover are 6. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Johnson Controls (NYSE:JCI): The stock opened at $43.45 on Friday but the bulls could not build on the opening and the stock topped out at $43.93 for the day. The stock traded down to $42.64 during the day, due to lack of any buying support eventually closed down at $42.73 with a loss of -5.02% for the day. The stock had closed at $44.99 on the previous day. The total traded volume was 8,432,552 shares.

The company shares have dropped -14.28% from its 1 Year high price. On Jul 6, 2015, the shares registered one year high at $51.85 and the one year low was seen on Jan 14, 2016. The 50-Day Moving Average price is $43.48 and the 200 Day Moving Average price is recorded at $39.32.

Johnson Controls (NYSE:JCI) has tumbled 3.39% during the past week and has dropped 3.11% 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 1.79%. Johnson Controls (NYSE:JCI) has underperformed the index by 0.17% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Johnson Controls, Inc. is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions. The Building Efficiency segment offers designing, producing, marketing and installing integrated heating, ventilating and air conditioning (HVAC) systems, building management systems, controls, security and mechanical equipment. The Power Solutions segment offers lead-acid automotive batteries for passenger cars, light trucks and utility vehicles. The Company serves both automotive original equipment manufacturers (OEMs) and the general vehicle battery aftermarket. The Company also supplies advanced battery technologies to power start-stop, hybrid and electric vehicles.

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