Delek US Holdings June 15th Short Interest Update

Delek US Holdings (NYSE:DK) reported a rise of 7% or 300,428 shares in its short interest. The short figure came in at 8.9% of the total floats. The average daily volume of 1,259,251 shares suggests that the days to cover 4,580,995 short positions, as on June 15,2016, will be 4. On May 31,2016, the short interest was 4,280,567 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Delek US Holdings (NYSE:DK): The stock opened at $12.41 on Friday but the bulls could not build on the opening and the stock topped out at $12.66 for the day. The stock traded down to $12.23 during the day, due to lack of any buying support eventually closed down at $12.41 with a loss of -5.05% for the day. The stock had closed at $13.07 on the previous day. The total traded volume was 2,359,988 shares.

The company shares have dropped -65.15% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $40.47 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $13.52 and the 200 Day Moving Average price is recorded at $16.37.

Stocks of Delek US Holdings (NYSE:DK) rallied by 0.81% during the past week but lost 8.14% on a 4-week basis. The company has outperformed the S&P 500 by 2.49% in the past week but underperformed the index by 5.36% in the last 4 weeks.

Delek US Holdings, Inc. (Delek) is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil and intermediate and refined products and convenience store retailing. The Company operates through three operating segments: Refining, Logistics and Retail. The Companys Refining Segment operates independent refineries in Tyler, Texas (the Tyler refinery) and El Dorado, Arkansas (the El Dorado refinery) with a combined design crude distillation capacity of 140,000 barrels per day (bpd). The Logistics Segment gathers, transports and stores crude oil and markets, distributes, transports and stores refined products in select regions of the southeastern United States and west Texas for both its refining segment and third parties. The Companys Retail Segment markets gasoline, diesel, other refined petroleum products and convenience merchandise.

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