ClubCorp Holdings June 15th Short Interest Update

ClubCorp Holdings (NYSE:MYCC) has seen a shortfall of 106,830 shares or 2.6% in the short interest. The remaining shorts are 6.2% of the total floated shares. The net short interest, as on June 15,2016, stood at 3,950,053 shares and the stocks days to cover will be 8 by factoring in the average per day volume of 502,686 shares. On May 31,2016, 4,056,883 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

ClubCorp Holdings (NYSE:MYCC): The stock opened at $12.54 on Friday but the bulls could not build on the opening and the stock topped out at $12.85 for the day. The stock traded down to $12.38 during the day, due to lack of any buying support eventually closed down at $12.80 with a loss of -3.10% for the day. The stock had closed at $13.21 on the previous day. The total traded volume was 3,458,156 shares.

The company shares have dropped -45.74% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $24.95 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $12.49 and the 200 Day Moving Average price is recorded at $13.59.

ClubCorp Holdings (NYSE:MYCC) has tumbled 0.47% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.96% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.19% and the outperformance has advanced to 9.17% for the last 4 weeks period.

ClubCorp Holdings, Inc. is engaged in membership-based leisure business and an owner and operator of private golf and country clubs and business, sports and alumni clubs in North America. The Company operations are organized into two business segments: golf and country clubs, and business, sports and alumni clubs. Its golf and country club segment includes a variety of clubs designed to appeal to a group of families and individuals who lead an active lifestyle and seek a nearby outlet for golf, tennis, swimming and other activities. The Companys business, sports and alumni club segment is designed to provide its members with private locations where they can work, network and socialize. As of December 30, 2014, the Companys portfolio of 207 owned or operated clubs, with over 180,000 memberships, serving over 400,000 individual members.

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