Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) stated loss of 364,598 shares or 3.5% in the short interest. The short interest registered from 10,487,665 on May 31,2016 to 10,123,067 on June 15,2016. In terms of floated shares, the shorted positions stood at 6.4%. The stock has been averaging 1,283,297 shares daily in trading and would need 8 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH): The stock opened at $41.70 on Friday but the bulls could not build on the opening and the stock topped out at $42.01 for the day. The stock traded down to $40.37 during the day, due to lack of any buying support eventually closed down at $40.38 with a loss of -8.70% for the day. The stock had closed at $44.23 on the previous day. The total traded volume was 7,220,075 shares.
The company shares have dropped -27.11% from its 1 Year high price. On Nov 2, 2015, the shares registered one year high at $64.27 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $45.77 and the 200 Day Moving Average price is recorded at $49.47.
Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) has tumbled 6.92% during the past week and has dropped 14.25% 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 5.37%. Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) has underperformed the index by 11.66% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The Company operates cruise lines under the Norwegian, Oceania and Regent brands. Norwegian offers cruises ranging in length from one day to three weeks. Each of Norwegians 13 ships has been built to consistently deliver the Freestyle Cruising product offering. Freestyle Cruising offers flexibility and choice to its guests who prefer to dine when they want, with whomever they want and without having to dress formally. Oceania operates a fleet of five mid-size ships in the upper-premium cruise segment offering personalized service and elegant accommodations. Regent offers a luxury all-inclusive cruise vacation experience, including free air transportation, a pre-cruise hotel night stay, wines and liquors, gratuities and unlimited shore excursions.