Procter & Gamble Company (The) June 15th Short Interest Update

Procter & Gamble Company (The) (NYSE:PG), A rise of 215,334 shares or 1% was seen in the short interest of Procter & Gamble. Even as the interest increased from 20,523,549 shares on May 31,2016 to 20,738,883 shares on June 15,2016, the days to cover came in at 3. The updated interest stood at 0.8% of the stocks floats. The stock has seen an average daily volume of 6,101,224 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Procter & Gamble Company (The) (NYSE:PG): The stock opened at $82.61 on Friday but the bulls could not build on the opening and the stock topped out at $83.82 for the day. The stock traded down to $81.99 during the day, due to lack of any buying support eventually closed down at $82.26 with a loss of -2.32% for the day. The stock had closed at $84.21 on the previous day. The total traded volume was 12,401,053 shares.

The company shares have rallied 5.03% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $84.21 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $82.10 and the 200 Day Moving Average price is recorded at $81.03.

Procter & Gamble Company (The) (NYSE:PG) has tumbled 1.05% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.02% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.6% and the outperformance has advanced to 4.08% for the last 4 weeks period.

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands. The Companys products are sold in over 180 countries and territories. P&Gs customers include mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons distributors, e-commerce and stores.

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