Macys Inc June 15th Short Interest Update

The short interest in Macys Inc (NYSE:M) has declined from 9,650,054 on May 31,2016 to 9,087,991 on June 15,2016. The change was measured at 562,063 shares or 5.8%. The leftover shorts were 3% of the floated shares. The days to cover are 1, given the average daily volume of 7,088,156 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Macys Inc (NYSE:M): The stock opened at $32.40 on Friday but the bulls could not build on the opening and the stock topped out at $32.49 for the day. The stock traded down to $31.99 during the day, due to lack of any buying support eventually closed down at $32.08 with a loss of -3.89% for the day. The stock had closed at $33.38 on the previous day. The total traded volume was 12,607,201 shares.

The company shares have dropped -52.18% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $73.61 and the one year low was seen on May 18, 2016. The 50-Day Moving Average price is $32.79 and the 200 Day Moving Average price is recorded at $38.36.

Macys Inc (NYSE:M) has tumbled 3.46% during the past week and has dropped 1.96% in the last 4 week period. The stocks have underperformed the S&P 500 by 1.86% during the past week but Macys Inc (NYSE:M) it has outperformed the index in 4 weeks by 1.01%.

Macys, Inc. is an omnichannel retail company operating stores, Websites (, and and mobile. As of January 31, 2015, the operations of the Company included 823 stores with an area of approximately 147,400,000 square feet in 45 states of the United States, the District of Columbia, Guam and Puerto Rico. Of these 823 stores, 447 were owned, 267 were leased and 109 stores were operated under arrangements where the Company owned the building and leased the land. The Company operates its stores under the names of Macys, Bloomingdales, Bloomingdales Outlet and Bluemercury. The Company operates 13 Bloomingdales outlet stores. Bloomingdales in Dubai, the United Arab Emirates is operated under a license agreement with Al Tayer Insignia, a company of Al Tayer Group, LLC.

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