Walgreens Boots Alliance (NASDAQ:WBA) has seen a rise of 124,959 shares or 1.3% in the short interest. The remaining shorts are 1.1% of the total floated shares. The net short interest, as on June 15,2016, stood at 9,679,772 shares and the stocks days to cover will be 2 by factoring in the average per day volume of 4,800,091 shares. On May 31,2016, 9,554,813 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Walgreens Boots Alliance (NASDAQ:WBA): The stock opened at $81.71 on Friday but the bulls could not build on the opening and the stock topped out at $82.97 for the day. The stock traded down to $81.50 during the day, due to lack of any buying support eventually closed down at $81.78 with a loss of -3.86% for the day. The stock had closed at $85.06 on the previous day. The total traded volume was 10,136,248 shares.
The company shares have dropped -2.97% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $97.30 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $79.91 and the 200 Day Moving Average price is recorded at $80.76.
Walgreens Boots Alliance (NASDAQ:WBA) has tumbled 1.05% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 6.21% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.59% and the outperformance has advanced to 9.42% for the last 4 weeks period.
Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led health and wellbeing enterprise. It operates through three segments: Retail Pharmacy USA, which consists of the Walgreens business, including the operation of retail drugstores and convenient care clinics, in addition to providing specialty pharmacy services; Retail Pharmacy International, which consists of the Alliance Boots pharmacy-led health and beauty stores, optical practices and related contract manufacturing operations, and Pharmaceutical Wholesale, which consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as global health and beauty product brands, including No7, Botanics, and Soap & Glory. Walgreens Boots Alliance, through its subsidiary, Liz Earle Beauty Co. Ltd, offers the Liz Earle skincare brand.