UBS AG June 15th Short Interest Update

UBS AG (NYSE:UBS) encountered a rise of 2.9% or 405,539 shares in the short positions. The number escalated from 13,866,555 on May 31,2016 to 14,272,094 on June 15,2016. The final interest is 0.4% of the floated stock. The days to cover figure of 7 can be arrived using the average daily exchange of 2,049,777 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

UBS AG (NYSE:UBS): The stock opened at $14.08 on Friday but the bulls could not build on the opening and the stock topped out at $14.29 for the day. The stock traded down to $13.92 during the day, due to lack of any buying support eventually closed down at $13.95 with a loss of -13.35% for the day. The stock had closed at $16.10 on the previous day. The total traded volume was 6,933,857 shares.

The company shares have dropped -34.51% from its 1 Year high price. On Aug 3, 2015, the shares registered one year high at $23.19 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $14.97 and the 200 Day Moving Average price is recorded at $16.26.

UBS AG (NYSE:UBS) has tumbled 5.17% during the past week and has dropped 9.65% 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 3.59%. UBS AG (NYSE:UBS) has underperformed the index by 6.92% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

UBS Group AG is a holding company of the UBS Group. The Companys businesses are organized globally into five business segments: Wealth Management, Wealth Management Americas, Retail & Corporate, Global Asset Management and the Investment Bank. The Company provides private, institutional and corporate customers around the world, as well as retail customers in Switzerland with financial advice and solutions. Corporate Center includes Core Functions and Non-core and Legacy Portfolio. Core Functions include Group-wide control functions, such as finance, including treasury services, such as liquidity, funding, balance sheet and capital management; risk control, including compliance, and legal. In addition, Core Functions provide all logistics and support services. Non-core and Legacy Portfolios consists of the non-core businesses and legacy positions.

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