Cott Corporation June 15th Short Interest Update

Cott Corporation (NYSE:COT) has witnessed a rise of 5.8% or 91,847 shares in its short figure. The short interest augmentation took it from 1,583,253 on May 31,2016 to 1,675,100 on June 15,2016. In terms of floated shares, the short interest was calculated to be 1.4%. The days to cover are 2 given that the daily volume averaged 855,558 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Cott Corporation (NYSE:COT): The stock opened at $14.69 on Friday but the bulls could not build on the opening and the stock topped out at $15.13 for the day. The stock traded down to $14.02 during the day, due to lack of any buying support eventually closed down at $14.20 with a loss of -7.13% for the day. The stock had closed at $15.29 on the previous day. The total traded volume was 2,402,788 shares.

The company shares have rallied 43.72% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $16.70 and the one year low was seen on Nov 13, 2015. The 50-Day Moving Average price is $15.03 and the 200 Day Moving Average price is recorded at $12.63.

Cott Corporation (NYSE:COT) has tumbled 10.07% during the past week and has dropped 2.2% in the last 4 week period. The stocks have underperformed the S&P 500 by 8.58% during the past week but Cott Corporation (NYSE:COT) it has outperformed the index in 4 weeks by 0.76%.

Cott Corporation, together with its consolidated subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates in three segments: North America, United Kingdom and All Other. The Company is also engaged in home and office bottled water and office coffee services distribution in the United States. The Companys product lines include carbonated soft drinks (CSDs), 100% shelf stable juice and juice-based products, clear, still and sparkling flavored waters, energy drinks and shots, sports products, new age beverages, ready-to-drink teas and alcoholic beverages, beverage concentrates, liquid enhancers and freezables, as well as hot chocolate, coffee, malt drinks, creamers/whiteners and cereals. The Companys has approximately 62 beverage manufacturing, production, distribution and fruit processing facilities.

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