TripAdvisor June 15th Short Interest Update

TripAdvisor (NASDAQ:TRIP), According to the latest information the short interest in TripAdvisor, Inc. plummeted by 0.9% or 145,467 shares. The final shorts are 13.4% of the total floated shares. The positions dropped from 15,441,131 shares on May 31,2016 to 15,295,664 on June 15,2016. According to the per-day average trading of 1,896,122 shares, the days to cover are 8. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

TripAdvisor (NASDAQ:TRIP): The stock opened at $62.71 on Friday but the bulls could not build on the opening and the stock topped out at $64.37 for the day. The stock traded down to $61.36 during the day, due to lack of any buying support eventually closed down at $61.87 with a loss of -6.23% for the day. The stock had closed at $65.98 on the previous day. The total traded volume was 4,606,873 shares.

The company shares have dropped -27.87% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $94.00 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $65.84 and the 200 Day Moving Average price is recorded at $67.95.

TripAdvisor (NASDAQ:TRIP) has tumbled 1.92% during the past week and has dropped 8.1% 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 0.29%. TripAdvisor (NASDAQ:TRIP) has underperformed the index by 5.31% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

TripAdvisor, Inc. (TripAdvisor) owns and operates a portfolio of online travel brands. TripAdvisor, the Companys brand, is a travel Website. The Company operates in two segments: Hotel and Other. Its Other segment consists of three operating segments, which include its vacation rentals, restaurants and attractions businesses. The Companys branded Websites include in the United States and localized versions of the TripAdvisor Website in 45 other countries, including China under the brand, and are offered in 28 languages. It features reviews and opinions on accommodations, including hotels and accommodations and vacation rentals, as well as restaurants and attractions in approximately 147,000 destinations throughout the world. In addition to user-generated content, its Websites feature price comparison tools and links to partner Websites, including travel advertisers, where users can book their travel arrangements.

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