Cigna Corporation June 15th Short Interest Update

Cigna Corporation (NYSE:CI), According to the latest information the short interest in Cigna Corporation shot up by 4.2% or 89,764 shares. The final shorts are 0.9% of the total floated shares. The positions increased from 2,130,215 shares on May 31,2016 to 2,219,979 on June 15,2016. According to the per-day average trading of 1,192,403 shares, the days to cover are 2. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Cigna Corporation (NYSE:CI): The stock opened at $126.78 on Friday but the bulls could not build on the opening and the stock topped out at $128.23 for the day. The stock traded down to $126.18 during the day, due to lack of any buying support eventually closed down at $127.71 with a loss of -1.57% for the day. The stock had closed at $129.75 on the previous day. The total traded volume was 3,304,451 shares.

The company shares have dropped -22.44% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $168.36 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $128.92 and the 200 Day Moving Average price is recorded at $135.92.

Cigna Corporation (NYSE:CI) has tumbled 1.38% during the past week and has dropped 0.86% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 0.25% and the outperformance has advanced to 2.14% for the last 4 weeks period.

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.

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