CNH Industrial N.V. June 15th Short Interest Update

CNH Industrial N.V. (NYSE:CNHI) has shown a drop of 7% or 2,036,394 shares in the short positions. The bets have increased to 26,991,660 shares on June 15,2016 from 29,028,054 shares on May 31,2016. With respect to the floated shares, the shorts are 2.8%. The days to cover are calculated to be 13, using the standard per day volume of 2,032,349 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

CNH Industrial N.V. (NYSE:CNHI): The stock opened at $6.97 on Friday but the bulls could not build on the opening and the stock topped out at $7.14 for the day. The stock traded down to $6.96 during the day, due to lack of any buying support eventually closed down at $7.00 with a loss of -9.44% for the day. The stock had closed at $7.73 on the previous day. The total traded volume was 2,803,194 shares.

The company shares have dropped -23.58% from its 1 Year high price. On Jul 10, 2015, the shares registered one year high at $9.72 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $7.19 and the 200 Day Moving Average price is recorded at $6.81.

CNH Industrial N.V. (NYSE:CNHI) has tumbled 6.04% during the past week and has dropped 0.28% in the last 4 week period. The stocks have underperformed the S&P 500 by 4.48% during the past week but CNH Industrial N.V. (NYSE:CNHI) it has outperformed the index in 4 weeks by 2.73%.

CNH Industrial NV is a Netherlands-based company primarily engaged in the manufacture of heavy machinery and vehicles equipment. It divides its activities into four main businesses. The Agricultural Equipment offers agricultural equipment under the New Holland Agriculture, Case IH brands and the Steyr brand. The Construction Equipment produces excavators, bulldozers, backhoes, compactors and other construction equipment under the New Holland Construction and Case Construction Equipment brands. The Trucks & Commercial Vehicles manufactures trucks and a commercial vehicles, including buses, coaches and special vehicles under Iveco, Iveco Bus and Heuliez Bus brands, as well as it produces quarry and mining equipment through Iveco Astra, and fire fighting vehicles through the Iveco Magirus brand. The Powertrain offers transmission systems, engines for marine application and power generation through FPT Industrial brand.

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