The short interest in Dupont Fabros Technology (NYSE:DFT) has declined from 2,871,373 on May 31,2016 to 2,682,830 on June 15,2016. The change was measured at 188,543 shares or 6.6%. The leftover shorts were 3.6% of the floated shares. The days to cover are 3, given the average daily volume of 866,373 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Dupont Fabros Technology (NYSE:DFT): The stock opened at $45.29 on Friday but the bulls could not build on the opening and the stock topped out at $46.46 for the day. The stock traded down to $44.87 during the day, due to lack of any buying support eventually closed down at $46.15 with a loss of -0.24% for the day. The stock had closed at $46.26 on the previous day. The total traded volume was 3,061,398 shares.
The company shares have rallied 53.88% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $47.32 and the one year low was seen on Sep 28, 2015. The 50-Day Moving Average price is $43.90 and the 200 Day Moving Average price is recorded at $37.88.
Dupont Fabros Technology (NYSE:DFT) has climbed 0.15% in the past week and advanced 8.16% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.81% and the outperformance has advanced to 11.43% for the last 4 weeks period.
DuPont Fabros Technology, Inc. is an owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenant wholesale data centers. The Companys facilities are designed to offer specialized, efficient and safe computing environments in a low-cost operating model. The Companys customers outsource their mission-critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, healthcare and financial services. The Companys 12 data centers are located in four major United States markets, which total approximately three million gross square feet and approximately 266 megawatts of available critical load to power the servers and computing equipment of its customers.