Dollar Tree June 15th Short Interest Update

Dollar Tree (NASDAQ:DLTR) encountered a drop of 3.7% or -441,573 shares in the short positions. The number dropped from 11,986,403 on May 31,2016 to 11,544,830 on June 15,2016. The final interest is 5.1% of the floated stock. The days to cover figure of 7 can be arrived using the average daily exchange of 1,730,613 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Dollar Tree (NASDAQ:DLTR): The stock opened at $90.23 on Friday but the bulls could not build on the opening and the stock topped out at $93.06 for the day. The stock traded down to $90.23 during the day, due to lack of any buying support eventually closed down at $91.89 with a loss of -0.53% for the day. The stock had closed at $92.38 on the previous day. The total traded volume was 2,566,166 shares.

The company shares have rallied 15.80% from its 1 Year high price. On Jun 21, 2016, the shares registered one year high at $93.33 and the one year low was seen on Oct 14, 2015. The 50-Day Moving Average price is $86.10 and the 200 Day Moving Average price is recorded at $80.93.

Dollar Tree (NASDAQ:DLTR) has climbed 0.34% in the past week and advanced 3.32% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2% and the outperformance has advanced to 6.44% for the last 4 weeks period.

Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic, everyday items with seasonal, closeout and promotional merchandise. As of July 06, 2015, the Company operated more than 13,600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar. Dollar Trees consumable merchandise includes candy and food health and beauty care and everyday consumables, such as paper and chemicals, and in select stores frozen and refrigerated food. The Companys variety merchandise includes toys, durable housewares, gifts, party goods, greeting cards, softlines and other items. Its seasonal goods include Valentines Day, Easter, Halloween and Christmas merchandise.

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