Johnson & Johnson (NYSE:JNJ) stated gains of 3,294,143 shares or 15% in the short interest. The short interest registered from 21,910,360 on May 31,2016 to 25,204,503 on June 15,2016. In terms of floated shares, the shorted positions stood at 0.9%. The stock has been averaging 6,518,782 shares daily in trading and would need 4 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Johnson & Johnson (NYSE:JNJ): The stock opened at $115.07 on Friday but the bulls could not build on the opening and the stock topped out at $117.12 for the day. The stock traded down to $115.00 during the day, due to lack of any buying support eventually closed down at $115.63 with a loss of -1.49% for the day. The stock had closed at $117.38 on the previous day. The total traded volume was 13,939,481 shares.
The company shares have rallied 18.38% from its 1 Year high price. On Jun 15, 2016, the shares registered one year high at $117.74 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $114.73 and the 200 Day Moving Average price is recorded at $107.71.
Johnson & Johnson (NYSE:JNJ) has climbed 0.13% in the past week and advanced 2.27% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.79% and the outperformance has advanced to 5.37% for the last 4 weeks period.
Johnson & Johnson is a holding company. The Company is engaged in the research and development, manufacture and sale of a range of products in the health care field. The Company has more than 265 operating companies conducting business around the world. The Companys primary focus is products related to human health and well-being. The Company is organized into three business segments: Consumer, Pharmaceutical and Medical Devices. The Companys subsidiaries operate 134 manufacturing facilities occupying approximately 21.5 million square feet of floor space. The Companys research facilities are located in the United States, Belgium, Brazil, Canada, China, France, Germany, India, Israel, Japan, the Netherlands, Singapore, Switzerland and the United Kingdom.