Tiffany & Co. June 15th Short Interest Update

Tiffany & Co. (NYSE:TIF) encountered a drop of 7.7% or -1,103,384 shares in the short positions. The number dropped from 14,405,097 on May 31,2016 to 13,301,713 on June 15,2016. The final interest is 10.6% of the floated stock. The days to cover figure of 7 can be arrived using the average daily exchange of 2,022,744 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Tiffany & Co. (NYSE:TIF): The stock opened at $60.34 on Friday but the bulls could not build on the opening and the stock topped out at $60.53 for the day. The stock traded down to $59.23 during the day, due to lack of any buying support eventually closed down at $60.09 with a loss of -4.06% for the day. The stock had closed at $62.63 on the previous day. The total traded volume was 7,534,996 shares.

The company shares have dropped -34.07% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $96.43 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $63.56 and the 200 Day Moving Average price is recorded at $68.09.

Tiffany & Co. (NYSE:TIF) has tumbled 1.86% during the past week and has dropped 3.92% 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 0.23%. Tiffany & Co. (NYSE:TIF) has underperformed the index by 1.01% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Tiffany & Co. is a holding company. The Company operates through its subsidiary companies. The Companys principal product category is jewelry. The Company also sells timepieces, leather goods, sterling silver goods (other than jewelry), china, crystal, stationery, fragrances and accessories. Its brands include TIFFANY and TIFFANY & CO., as well as the TIFFANY BLUE BOX. Its segments include Americas, Asia-Pacific, Japan, Europe and Other. It operates e-commerce enabled Websites in 13 countries, as well as informational Websites in various additional countries.

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