Weight Watchers International Inc (NYSE:WTW) encountered a drop of 4.4% or -714,011 shares in the short positions. The number dropped from 16,073,023 on May 31,2016 to 15,359,012 on June 15,2016. The final interest is 27% of the floated stock. The days to cover figure of 14 can be arrived using the average daily exchange of 1,132,296 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Weight Watchers International Inc (NYSE:WTW): The stock opened at $12.71 on Friday but the bulls could not build on the opening and the stock topped out at $13.08 for the day. The stock traded down to $12.29 during the day, due to lack of any buying support eventually closed down at $12.34 with a loss of -8.59% for the day. The stock had closed at $13.50 on the previous day. The total traded volume was 2,027,223 shares.
The company shares have rallied 147.29% from its 1 Year high price. On Nov 19, 2015, the shares registered one year high at $28.05 and the one year low was seen on Jul 7, 2015. The 50-Day Moving Average price is $13.79 and the 200 Day Moving Average price is recorded at $14.78.
Weight Watchers International Inc (NYSE:WTW) has tumbled 7.22% during the past week and has dropped 16.73% 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 5.68%. Weight Watchers International Inc (NYSE:WTW) has underperformed the index by 14.22% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Weight Watchers International, Inc. is a provider of weight management services. The company operates globally through a network of Company-owned and franchise operations. The Company provides Services and Products including: Weight Management Plans, Clinical Efficacy, and Meetings. Weight Management Plans, provides weight management program comprised of nutritional, exercise and behavioral tools and approaches. Clinical Efficacy, offers clinically-studied commercial weight management programs. Meetings, present the Companys program food plans, exercise, behavior modification and group support. The company operates through North America, United Kingdom, Continental Europe, and Other segments.