The short interest in TD Ameritrade Holding Corporation (NYSE:AMTD) has declined from 9,083,598 on May 31,2016 to 8,031,361 on June 15,2016. The change was measured at 1,052,237 shares or 11.6%. The leftover shorts were 3.3% of the floated shares. The days to cover are 3, given the average daily volume of 2,613,463 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
TD Ameritrade Holding Corporation (NYSE:AMTD): The stock opened at $29.18 on Friday but the bulls could not build on the opening and the stock topped out at $29.22 for the day. The stock traded down to $28.09 during the day, due to lack of any buying support eventually closed down at $28.17 with a loss of -9.45% for the day. The stock had closed at $31.11 on the previous day. The total traded volume was 7,308,004 shares.
The company shares have dropped -23.31% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $38.72 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $30.39 and the 200 Day Moving Average price is recorded at $30.64.
TD Ameritrade Holding Corporation (NYSE:AMTD) has tumbled 4.57% during the past week and has dropped 13.24% 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 2.99%. TD Ameritrade Holding Corporation (NYSE:AMTD) has underperformed the index by 10.62% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
TD Ameritrade Holding Corporation (TD Ameritrade) is an investment banking and a retail discount securities brokerage company. The parent company is Delaware Corporation. The Company provides securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company offers various products and services to its client, primarily, trading in common and preferred stocks, American Depository Receipts, closed-end funds, Exchange Traded Funds, Futures & Options, Foreign Exchange, Mutual Funds, Fixed Income securities, New and secondary issue securities, Margin lending, Cash Management Services and Annuities. The Companys client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.