Kroger Company (The) June 15th Short Interest Update

Kroger Company (The) (NYSE:KR) encountered a drop of 2.9% or -900,408 shares in the short positions. The number dropped from 31,200,583 on May 31,2016 to 30,300,175 on June 15,2016. The final interest is 3.2% of the floated stock. The days to cover figure of 4 can be arrived using the average daily exchange of 6,961,868 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Kroger Company (The) (NYSE:KR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.00 and $33.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.14, notching a gain of 1.36% for the day. The total traded volume was 14,689,510 . The stock had closed at $34.67 on the previous day.

The company shares have dropped -3.29% from its 1 Year high price. On Dec 30, 2015, the shares registered one year high at $42.75 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $35.38 and the 200 Day Moving Average price is recorded at $37.85.

Kroger Company (The) (NYSE:KR) has tumbled 0.11% during the past week and has dropped 1.6% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 1.54% and the outperformance has advanced to 1.38% for the last 4 weeks period.

The Kroger Co. (Kroger) operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States. The Company also manufactures and processes some of the food for sale in its supermarkets. The Company operated, either directly or through its subsidiaries, approximately 2,625 supermarkets and multi-department stores, approximately 1,330 of which had fuel centers. Approximately 48% of these supermarkets were operated in Company-owned facilities, including some Company-owned buildings on leased land. The Company operates its 2,640 supermarket and multi-department stores under banners, including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Frys, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smiths. Of these stores, 1,330 have fuel centers. The Company also operates 782 convenience stores, either directly or through franchisees, 326 fine jewelry stores and an online retailer.

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