Aetna June 15th Short Interest Update

Aetna (NYSE:AET), According to the latest information the short interest in Aetna Inc shot up by 9% or 1,381,752 shares. The final shorts are 4.8% of the total floated shares. The positions increased from 15,277,824 shares on May 31,2016 to 16,659,576 on June 15,2016. According to the per-day average trading of 2,578,151 shares, the days to cover are 6. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Aetna (NYSE:AET): The stock opened at $116.27 on Friday but the bulls could not build on the opening and the stock topped out at $120.00 for the day. The stock traded down to $116.27 during the day, due to lack of any buying support eventually closed down at $117.66 with a loss of -2.76% for the day. The stock had closed at $121.00 on the previous day. The total traded volume was 3,649,870 shares.

The company shares have dropped -7.56% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $129.74 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $116.11 and the 200 Day Moving Average price is recorded at $110.35.

Aetna (NYSE:AET) has tumbled 2.84% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.89% in the last four weeks. The stocks have underperformed the S&P 500 by 1.23% during the past week but Aetna (NYSE:AET) it has outperformed the index in 4 weeks by 7.04%.

Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional, voluntary and consumer-directed health insurance products and related services. The Companys operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. The Companys Health Care segment includes medical, pharmacy benefit management services, dental, behavioral health and vision plans. The Companys Group Insurance segments products consist primarily of Life Insurance Products, Disability Insurance Products and Long-Term Care Insurance Products. The Companys Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Companys customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, Governmental units, Government-sponsored plans, labor groups and expatriates.

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