Elizabeth Arden June 15th Short Interest Update

Elizabeth Arden (NASDAQ:RDEN) stated loss of 29,592 shares or 0.7% in the short interest. The short interest registered from 4,411,918 on May 31,2016 to 4,382,326 on June 15,2016. In terms of floated shares, the shorted positions stood at 20.2%. The stock has been averaging 115,391 shares daily in trading and would need 38 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Elizabeth Arden (NASDAQ:RDEN): The stock was completely flat for the day, closing at $13.80 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $13.70, the stock touched an intraday high of $13.82 and a low of $13.65. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $13.80. The total trading volume on Friday was 3,013,731.

The company shares have dropped -8.55% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $15.59 and the one year low was seen on Feb 5, 2016. The 50-Day Moving Average price is $9.94 and the 200 Day Moving Average price is recorded at $8.64.

Elizabeth Arden (NASDAQ:RDEN) has tumbled 0.58% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 52.66% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.07% and the outperformance has advanced to 57.27% for the last 4 weeks period.

Elizabeth Arden, Inc. is a global beauty products company with a portfolio of fragrance, skin care and cosmetics brands. The Companys product portfolio includes Elizabeth Arden Brand, such as the Elizabeth Arden skin care brands (Visible Difference, Ceramide, Prevage, Eight Hour Cream, Superstart and Elizabeth Arden Pro), Elizabeth Arden branded lipstick, foundation and other color cosmetics products and Elizabeth Arden fragrances (Red Door, 5th Avenue, Elizabeth Arden Green Tea and UNTOLD); designer fragrances, which include Juicy Couture, John Varvatos, and Wildfox Couture; Heritage Fragrances, such as Curve, Elizabeth Taylor, Britney Spears, Halston, Ed Hardy, Geoffrey Beene, Alfred Sung, Giorgio Beverly Hills, Lucky, PS Fine Cologne, White Shoulders, BCBGMAXAZRIA, Rocawear and Jennifer Aniston, and celebrity fragrances, which include the fragrance brands of Justin Bieber, Mariah Carey, Nicki Minaj and Taylor Swift. Its operating segments include North America and International.

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