Walt Disney Company (The) June 15th Short Interest Update

Walt Disney Company (The) (NYSE:DIS) stated gains of 1,274,165 shares or 3.4% in the short interest. The short interest registered from 37,763,982 on May 31,2016 to 39,038,147 on June 15,2016. In terms of floated shares, the shorted positions stood at 2.6%. The stock has been averaging 6,284,686 shares daily in trading and would need 6 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Walt Disney Company (The) (NYSE:DIS): The stock opened at $96.01 on Friday but the bulls could not build on the opening and the stock topped out at $97.28 for the day. The stock traded down to $95.14 during the day, due to lack of any buying support eventually closed down at $95.72 with a loss of -3.33% for the day. The stock had closed at $99.02 on the previous day. The total traded volume was 15,079,933 shares.

The company shares have dropped -15.33% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $122.08 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $99.64 and the 200 Day Moving Average price is recorded at $99.66.

Walt Disney Company (The) (NYSE:DIS) has tumbled 3.31% during the past week and has dropped 4.56% 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 1.71%. Walt Disney Company (The) (NYSE:DIS) has underperformed the index by 1.67% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences. The Walt Disney Studio brings movies, music and stage plays to consumers throughout the world. Disney Consumer Products (DCP) delivers product experiences across thousands of categories from toys and apparel to books and fine art. Disney Interactive is a creator of interactive entertainment across all current and emerging digital media platforms.

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