Royal Caribbean Cruises Ltd. June 15th Short Interest Update

Royal Caribbean Cruises Ltd. (NYSE:RCL) has shown a drop of 9.6% or 1,526,849 shares in the short positions. The bets have increased to 14,315,079 shares on June 15,2016 from 15,841,928 shares on May 31,2016. With respect to the floated shares, the shorts are 8.5%. The days to cover are calculated to be 9, using the standard per day volume of 1,530,396 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Royal Caribbean Cruises Ltd. (NYSE:RCL): The stock opened at $73.20 on Friday but the bulls could not build on the opening and the stock topped out at $73.90 for the day. The stock traded down to $69.44 during the day, due to lack of any buying support eventually closed down at $70.08 with a loss of -9.16% for the day. The stock had closed at $77.15 on the previous day. The total traded volume was 5,880,856 shares.

The company shares have dropped -8.88% from its 1 Year high price. On Dec 30, 2015, the shares registered one year high at $103.40 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $75.98 and the 200 Day Moving Average price is recorded at $80.01.

Royal Caribbean Cruises Ltd. (NYSE:RCL) has tumbled 6.11% during the past week and has dropped 9.89% 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 4.55%. Royal Caribbean Cruises Ltd. (NYSE:RCL) has underperformed the index by 7.16% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and a 50% joint venture interest in TUI Cruises. Together, these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105,750 berths. The Companys ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents. Royal Caribbean International offers a variety of itineraries, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. Celebrity Cruises offers a variety of itineraries, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America.

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