Whole Foods Market June 15th Short Interest Update

Whole Foods Market (NASDAQ:WFM) has witnessed a rise of 7.4% or 3,007,078 shares in its short figure. The short interest augmentation took it from 40,757,170 on May 31,2016 to 43,764,248 on June 15,2016. In terms of floated shares, the short interest was calculated to be 13.8%. The days to cover are 6 given that the daily volume averaged 6,798,825 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Whole Foods Market (NASDAQ:WFM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.95 and $29.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.76, notching a gain of 0.29% for the day. The total traded volume was 12,432,082 . The stock had closed at $30.67 on the previous day.

The company shares have dropped -22.67% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $41.97 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $31.85 and the 200 Day Moving Average price is recorded at $31.43.

Stocks of Whole Foods Market (NASDAQ:WFM) rallied by 0.62% during the past week but lost 3.97% on a 4-week basis. The company has outperformed the S&P 500 by 2.29% in the past week but underperformed the index by 1.06% in the last 4 weeks.

Whole Foods Market, Inc. (Whole Foods Market) is a retailer of natural and organic foods and grocer. The Company has one operating segment, natural and organic foods supermarkets. As of September 29, 2013, Whole Foods Market operated 362 stores in the United States, Canada, and the United Kingdom. The Companys offices are supported by its headquarters, regional offices, distribution centers, bakehouse facilities, commissary kitchens, seafood-processing facilities, meat and produce procurement centers, and a specialty coffee and tea procurement and roasting operation. The Companys product selection includes grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, and lifestyle products including books, pet products, and household products. The Companys 365 and 365 Organic Everyday Day Value brands account for approximately half of its brand items.

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