Dave & Busters Entertainment (NASDAQ:PLAY) reported a rise of 26.3% or 874,091 shares in its short interest. The short figure came in at 11.2% of the total floats. The average daily volume of 1,519,933 shares suggests that the days to cover 4,195,299 short positions, as on June 15,2016, will be 3. On May 31,2016, the short interest was 3,321,208 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Dave & Busters Entertainment (NASDAQ:PLAY): The stock opened at $45.23 on Friday but the bulls could not build on the opening and the stock topped out at $46.39 for the day. The stock traded down to $45.18 during the day, due to lack of any buying support eventually closed down at $45.49 with a loss of -2.21% for the day. The stock had closed at $46.52 on the previous day. The total traded volume was 2,877,860 shares.
The company shares have rallied 28.61% from its 1 Year high price. On Jun 14, 2016, the shares registered one year high at $48.79 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $42.12 and the 200 Day Moving Average price is recorded at $39.08.
Dave & Busters Entertainment (NASDAQ:PLAY) has tumbled 3.62% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 15.78% in the last four weeks. The stocks have underperformed the S&P 500 by 2.02% during the past week but Dave & Busters Entertainment (NASDAQ:PLAY) it has outperformed the index in 4 weeks by 19.28%.