Valero Energy Corporation (NYSE:VLO), According to the latest information the short interest in Valero Energy shot up by 18.4% or 2,191,203 shares. The final shorts are 3% of the total floated shares. The positions increased from 11,880,450 shares on May 31,2016 to 14,071,653 on June 15,2016. According to the per-day average trading of 6,267,693 shares, the days to cover are 2. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Valero Energy Corporation (NYSE:VLO): The stock opened at $51.90 on Friday but the bulls could not build on the opening and the stock topped out at $53.24 for the day. The stock traded down to $51.62 during the day, due to lack of any buying support eventually closed down at $52.56 with a loss of -2.14% for the day. The stock had closed at $53.71 on the previous day. The total traded volume was 8,054,914 shares.
The company shares have dropped -13.21% from its 1 Year high price. On Nov 24, 2015, the shares registered one year high at $73.88 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $54.20 and the 200 Day Moving Average price is recorded at $61.54.
Stocks of Valero Energy Corporation (NYSE:VLO) rallied by 1.64% during the past week but lost 3.68% on a 4-week basis. The company has outperformed the S&P 500 by 3.33% in the past week but underperformed the index by 0.77% in the last 4 weeks.
Valero Energy Corp (Valero) is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. The Companys refineries can produce conventional gasolines, premium gasolines, gasoline, diesel fuel, low-sulfur diesel fuel, ultra-low-sulfur diesel fuel, CARB diesel fuel, other distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products. The Company markets branded and unbranded refined products through approximately 7,400 outlets. The Company also owns 11 ethanol plants in the central plains region of the United States that primarily produce ethanol. The Company operates through two segments. The refining segment includes refining operations, wholesale marketing, product supply and distribution, and transportation operations in the United States, Canada, the United Kingdom, Aruba and Ireland. Its ethanol segment primarily includes sale of internally produced ethanol and distillers grains.