Aflac Incorporated (NYSE:AFL) has seen a rise of 8,699 shares or 0.1% in the short interest. The remaining shorts are 1.6% of the total floated shares. The net short interest, as on June 15,2016, stood at 6,374,321 shares and the stocks days to cover will be 4 by factoring in the average per day volume of 1,772,939 shares. On May 31,2016, 6,365,622 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Aflac Incorporated (NYSE:AFL): The stock opened at $68.68 on Friday but the bulls could not build on the opening and the stock topped out at $70.49 for the day. The stock traded down to $68.56 during the day, due to lack of any buying support eventually closed down at $69.26 with a loss of -3.50% for the day. The stock had closed at $71.77 on the previous day. The total traded volume was 3,995,149 shares.
The company shares have rallied 12.73% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $71.97 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $69.24 and the 200 Day Moving Average price is recorded at $63.34.
Stocks of Aflac Incorporated (NYSE:AFL) rallied by 0.68% during the past week but lost 0.43% on a 4-week basis. In the past week, the company has outperformed the S&P 500 by 2.35% and the outperformance has advanced to 2.58% for the last 4 weeks period.
Aflac Incorporated (Aflac) is a business holding company. The Company is engaged in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac offers insurance policies in Japan and the United States that provide a layer of financial protection against income and asset loss. Aflacs insurance business consists of two segments: Aflac Japan and Aflac U.S. Aflac Japan sells voluntary supplemental insurance products, including cancer plans, medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. sells insurance products, including products designed to protect individuals from depletion of assets, such as accident, cancer, critical illness/care, hospital intensive care, hospital indemnity, fixed-benefit dental and vision care plans, and loss-of-income products.