Estee Lauder Companies (The) (NYSE:EL), According to the latest information the short interest in Estee Lauder Companies plummeted by 5% or 339,107 shares. The final shorts are 3% of the total floated shares. The positions dropped from 6,846,329 shares on May 31,2016 to 6,507,222 on June 15,2016. According to the per-day average trading of 1,324,044 shares, the days to cover are 5. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Estee Lauder Companies (The) (NYSE:EL): The stock opened at $92.53 on Friday but the bulls could not build on the opening and the stock topped out at $92.87 for the day. The stock traded down to $89.67 during the day, due to lack of any buying support eventually closed down at $89.73 with a loss of -5.50% for the day. The stock had closed at $94.95 on the previous day. The total traded volume was 3,222,184 shares.
The company shares have rallied 4.28% from its 1 Year high price. On May 2, 2016, the shares registered one year high at $97.48 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $92.47 and the 200 Day Moving Average price is recorded at $90.92.
Estee Lauder Companies (The) (NYSE:EL) has tumbled 2.4% during the past week and has dropped 2.47% in the last 4 week period. The stocks have underperformed the S&P 500 by 0.78% during the past week but Estee Lauder Companies (The) (NYSE:EL) it has outperformed the index in 4 weeks by 0.48%.
The Estee Lauder Companies Inc., is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Companys products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under brand names, such as Tommy Hilfiger, Donna Karan, Michael Kors, Tom Ford and Coach. It sells its products principally through limited distribution channels to complement the images associated with its brands. These channels include points of sale consisting of upscale department stores, specialty retailers, upscale perfumeries and pharmacies and prestige salons and spas. In addition, its products are sold in freestanding Company-operated stores, its own and authorized retailer Websites, stores on cruise ships, direct response television (DRTV), in-flight and duty-free shops.