Unum Group (NYSE:UNM), A increase of 234,805 shares or 3.6% was observed in the short interest of Unum Group The interest on June 15,2016 came in at 6,834,490 shares and as per the average daily trading of 2,003,393 shares, the days to cover are 3. The increased interest is 2.9% of the floated shares. The data of May 31,2016 put the interest at 6,599,685 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Unum Group (NYSE:UNM): The stock opened at $33.14 on Friday but the bulls could not build on the opening and the stock topped out at $33.59 for the day. The stock traded down to $32.02 during the day, due to lack of any buying support eventually closed down at $32.06 with a loss of -9.74% for the day. The stock had closed at $35.52 on the previous day. The total traded volume was 3,863,506 shares.
The company shares have dropped -10.02% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $38.15 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $34.97 and the 200 Day Moving Average price is recorded at $31.90.
Unum Group (NYSE:UNM) has tumbled 4.95% during the past week and has dropped 13.02% 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 3.37%. Unum Group (NYSE:UNM) has underperformed the index by 10.39% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Unum Group is a provider of disability insurance products in the United States and the United Kingdom. The Companys business segments: Unum US, Unum UK, Colonial Life, Closed Block and Corporate. Unum US includes group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. Unum UK includes insurance for group long-term disability, group life and lines of business, which include individual disability and critical illness products. Colonial Life includes insurance for accident, sickness, and disability products, life products, and cancer and critical illness products to employees. The Companys Closed Block segment consists of individual disability, group and individual long-term care, and other insurance products no longer actively marketed. Its Corporate segment includes investment income on corporate assets not specifically allocated to a line of business.