The short interest in Dollar General Corporation (NYSE:DG) has increased from 6,839,841 on May 31,2016 to 9,592,255 on June 15,2016. The change was measured at 2,752,414 shares or 40.2%. The leftover shorts were 3.4% of the floated shares. The days to cover are 4, given the average daily volume of 2,380,479 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Dollar General Corporation (NYSE:DG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $90.32 and $90.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $93.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $92.13, notching a gain of 0.49% for the day. The total traded volume was 3,011,594 . The stock had closed at $91.68 on the previous day.
The company shares have rallied 18.30% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $93.21 and the one year low was seen on Nov 16, 2015. The 50-Day Moving Average price is $87.56 and the 200 Day Moving Average price is recorded at $79.55.
Dollar General Corporation (NYSE:DG) has climbed 2.31% in the past week and advanced 2.5% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.01% and the outperformance has advanced to 5.61% for the last 4 weeks period.
Dollar General Corporation is the discount retailer in the United States. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products. Seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. Home products includes kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, bed and bath soft goods. Apparel includes casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. Its merchandise includes national brands and private brands selections. It operates approximately 11,879 stores located in over 43 states.