Barnes & Noble (NYSE:BKS) has witnessed a rise of 16.1% or 757,344 shares in its short figure. The short interest augmentation took it from 4,715,889 on May 31,2016 to 5,473,233 on June 15,2016. In terms of floated shares, the short interest was calculated to be 9.7%. The days to cover are 8 given that the daily volume averaged 673,442 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Barnes & Noble (NYSE:BKS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.99 and $10.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.28, notching a gain of 0.18% for the day. The total traded volume was 3,886,769 . The stock had closed at $11.26 on the previous day.
The company shares have dropped -33.26% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $19.00 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $11.33 and the 200 Day Moving Average price is recorded at $10.49.
Stocks of Barnes & Noble (NYSE:BKS) rallied by 0.71% during the past week but lost 2.84% on a 4-week basis. In the past week, the company has outperformed the S&P 500 by 2.39% and the outperformance has advanced to 0.1% for the last 4 weeks period.
Barnes & Noble, Inc. is a retailer of content, digital media and educational products. The Companys segments include Barnes & Noble Retail (B&N Retail) and NOOK. The Company is a content, commerce and technology company, which provides access to trade books, textbooks, magazines, newspapers and other content across its multi-channel distribution platform. The Companys principal business is the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), childrens books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, emblematic apparel and gifts, school and dorm supplies, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on barnesandnoble.com. The Company operates approximately 648 bookstores in around 50 states.