PVH June 15th Short Interest Update

PVH (NYSE:PVH) stated loss of 34,698 shares or 1.9% in the short interest. The short interest registered from 1,854,457 on May 31,2016 to 1,819,759 on June 15,2016. In terms of floated shares, the shorted positions stood at 2.3%. The stock has been averaging 999,260 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

PVH (NYSE:PVH): The stock opened at $97.13 on Friday but the bulls could not build on the opening and the stock topped out at $98.36 for the day. The stock traded down to $93.31 during the day, due to lack of any buying support eventually closed down at $93.55 with a loss of -8.94% for the day. The stock had closed at $102.74 on the previous day. The total traded volume was 2,999,115 shares.

The company shares have dropped -17.20% from its 1 Year high price. On Sep 3, 2015, the shares registered one year high at $120.67 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $93.20 and the 200 Day Moving Average price is recorded at $84.99.

PVH (NYSE:PVH) has tumbled 5.15% during the past week and has dropped 1.05% in the last 4 week period. The stocks have underperformed the S&P 500 by 3.58% during the past week but PVH (NYSE:PVH) it has outperformed the index in 4 weeks by 1.95%.

PVH Corp. is an apparel company. The Companys brand portfolio consists Calvin Klein and Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warners, Olga and Eagle, which are owned brands, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection, Chaps, Donald J. Trump Signature Collection, DKNY, Nautica, Ted Baker, J. Garcia, Claiborne, Ike Behar, Jones New York and Ryan Seacrest, which are licensed, as well as various other licensed and private label brands. It designs and markets branded dress shirts, neckwear, sportswear, jeanswear, intimate apparel, swim products and, to a lesser extent, handbags, footwear and other related products. It manages its operations through its operating divisions, which are presented as six segments: Calvin Klein North America; Calvin Klein International; Tommy Hilfiger North America; Tommy Hilfiger International; Heritage Brands Wholesale, and Heritage Brands Retail.

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