BancorpSouth June 15th Short Interest Update

BancorpSouth (NYSE:BXS) encountered a rise of 7.9% or 318,172 shares in the short positions. The number escalated from 4,008,224 on May 31,2016 to 4,326,396 on June 15,2016. The final interest is 5.1% of the floated stock. The days to cover figure of 9 can be arrived using the average daily exchange of 502,732 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

BancorpSouth (NYSE:BXS): The stock opened at $21.51 on Friday but the bulls could not build on the opening and the stock topped out at $21.91 for the day. The stock traded down to $21.43 during the day, due to lack of any buying support eventually closed down at $21.64 with a loss of -5.25% for the day. The stock had closed at $22.84 on the previous day. The total traded volume was 2,604,597 shares.

The company shares have dropped -15.60% from its 1 Year high price. On Dec 1, 2015, the shares registered one year high at $27.23 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $22.89 and the 200 Day Moving Average price is recorded at $22.04.

BancorpSouth (NYSE:BXS) has tumbled 0.96% during the past week and has dropped 9.65% in the last 4 week period. The company has outperformed the S&P 500 by 0.68% in the past week but underperformed the index by 6.91% in the last 4 weeks.

BancorpSouth, Inc. is a financial holding company. The Company through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri and Illinois. The Bank and its subsidiaries provide a range of financial services to individuals and small-to-medium size businesses. The Bank operates an insurance agency subsidiary, which engages in sales of insurance products. The Banks wealth management department offers a range of services, including investment brokerage services, personal trust and estate services, certain employee benefit accounts and plans, including individual retirement accounts and limited corporate trust functions. Its lending activities include both commercial and consumer loans. Deposits include noninterest bearing demand deposits, interest bearing demand deposits, savings and other time deposits.

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