Cerner Corporation (NASDAQ:CERN) has shown a drop of 9.4% or 1,839,759 shares in the short positions. The bets have increased to 17,840,743 shares on June 15,2016 from 19,680,502 shares on May 31,2016. With respect to the floated shares, the shorts are 6%. The days to cover are calculated to be 9, using the standard per day volume of 1,980,444 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Cerner Corporation (NASDAQ:CERN): The stock opened at $54.75 on Friday but the bulls could not build on the opening and the stock topped out at $55.99 for the day. The stock traded down to $54.35 during the day, due to lack of any buying support eventually closed down at $55.13 with a loss of -3.09% for the day. The stock had closed at $56.89 on the previous day. The total traded volume was 3,054,236 shares.
The company shares have dropped -19.20% from its 1 Year high price. On Jul 29, 2015, the shares registered one year high at $75.00 and the one year low was seen on Mar 3, 2016. The 50-Day Moving Average price is $54.99 and the 200 Day Moving Average price is recorded at $55.71.
Stocks of Cerner Corporation (NASDAQ:CERN) rallied by 2.38% during the past week but lost 0.27% on a 4-week basis. In the past week, the company has outperformed the S&P 500 by 4.08% and the outperformance has advanced to 2.75% for the last 4 weeks period.
Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. The Company offers software, hardware, professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Brazil, Canada, Cayman Islands, Chile, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Israel, Malaysia, Mexico, Netherlands, Qatar, Saudi Arabia, Singapore, Spain, Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries, Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, among others.