ServiceMaster Global Holdings June 15th Short Interest Update

ServiceMaster Global Holdings (NYSE:SERV) stated gains of 635,634 shares or 11.4% in the short interest. The short interest registered from 5,582,980 on May 31,2016 to 6,218,614 on June 15,2016. In terms of floated shares, the shorted positions stood at 4.6%. The stock has been averaging 1,213,253 shares daily in trading and would need 5 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

ServiceMaster Global Holdings (NYSE:SERV): The stock opened at $37.43 on Friday but the bulls could not build on the opening and the stock topped out at $38.07 for the day. The stock traded down to $37.25 during the day, due to lack of any buying support eventually closed down at $37.53 with a loss of -2.21% for the day. The stock had closed at $38.38 on the previous day. The total traded volume was 3,962,294 shares.

The company shares have rallied 6.38% from its 1 Year high price. On Jan 29, 2016, the shares registered one year high at $42.21 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $37.89 and the 200 Day Moving Average price is recorded at $38.09.

ServiceMaster Global Holdings (NYSE:SERV) has tumbled 1.88% during the past week and has dropped 1.75% in the last 4 week period. The stocks have underperformed the S&P 500 by 0.25% during the past week but ServiceMaster Global Holdings (NYSE:SERV) it has outperformed the index in 4 weeks by 1.22%.

ServiceMaster Global Holdings, Inc. is a holding company. The Company is a provider of residential and commercial services, operating through a service network of more than 8,000 company owned locations and franchise and license agreements. The Companys services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. The Companys segments include Terminix, American Home Shield and the Franchise Services Group. The Terminix segment is a provider of termite and pest control services. The American Home Shield segment is a provider of home warranty plans for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration, janitorial and cleaning services through franchises.

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