Masco Corporation June 15th Short Interest Update

Masco Corporation (NYSE:MAS), According to the latest information the short interest in Masco Corp plummeted by 1.4% or 168,547 shares. The final shorts are 3.6% of the total floated shares. The positions dropped from 12,191,771 shares on May 31,2016 to 12,023,224 on June 15,2016. According to the per-day average trading of 3,209,425 shares, the days to cover are 4. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Masco Corporation (NYSE:MAS): The stock opened at $30.10 on Friday but the bulls could not build on the opening and the stock topped out at $30.58 for the day. The stock traded down to $29.98 during the day, due to lack of any buying support eventually closed down at $30.18 with a loss of -4.13% for the day. The stock had closed at $31.48 on the previous day. The total traded volume was 10,161,802 shares.

The company shares have rallied 29.90% from its 1 Year high price. On Apr 20, 2016, the shares registered one year high at $32.92 and the one year low was seen on Jul 21, 2015. The 50-Day Moving Average price is $31.57 and the 200 Day Moving Average price is recorded at $29.47.

Masco Corporation (NYSE:MAS) has tumbled 2.3% during the past week and has dropped 7.48% 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 0.68%. Masco Corporation (NYSE:MAS) has underperformed the index by 4.68% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Masco Corporation manufactures, distributes and installs home improvement and building products. The Companys segments include Cabinets and Related Products, Plumbing Products, Installation and Other Services, Decorative Architectural Products and Other Specialty Products. Its Cabinets and Related Products includes assembled kitchen and bath cabinets, and home office workstations, entertainment centers, storage products; bookcases, and kitchen utility products. Its Plumbing Products include faucets, plumbing fittings and valves, showerheads and hand showers, bathtubs and shower enclosures, toilets and spas. The Installation and Other Services includes the sale, installation and distribution of insulation and other building products. Its Decorative Architectural Products include paints and stains, and cabinet, door, window and other hardware. Its Other Specialty Products include windows, window frame components and patio doors, staple gun tackers, staples and other fastening tools.

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