Five Star Quality Care (NYSE:FVE) stated gains of 59,571 shares or 3.7% in the short interest. The short interest registered from 1,626,405 on May 31,2016 to 1,685,976 on June 15,2016. In terms of floated shares, the shorted positions stood at 4.2%. The stock has been averaging 197,932 shares daily in trading and would need 9 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Five Star Quality Care (NYSE:FVE): The stock opened at $1.79 on Friday but the bulls could not build on the opening and the stock topped out at $1.83 for the day. The stock traded down to $1.72 during the day, due to lack of any buying support eventually closed down at $1.76 with a loss of -4.35% for the day. The stock had closed at $1.84 on the previous day. The total traded volume was 4,212,835 shares.
The company shares have dropped -63.64% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $5.06 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $2.04 and the 200 Day Moving Average price is recorded at $2.44.
Five Star Quality Care (NYSE:FVE) has tumbled 10.2% during the past week and has dropped 12.87% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 8.71%. Five Star Quality Care (NYSE:FVE) has underperformed the index by 10.24% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Five Star Quality Care, Inc. (Five Star) operates senior living communities, including independent living communities, assisted living communities and skilled nursing facilities (SNFs). As of December 31, 2014, the Company operated 258 senior living communities located in 31 states containing 30,379 living units, including 227 primarily independent and assisted living communities with 27,557 living units and 31 SNFs with 2,822 living units. As of December 31, 2014, the Company owned and operated 31 communities (3,061 living units), it leased and operated 181 communities (20,040 living units) and it managed 46 communities (7,278 living units). Its 258 senior living communities included 10,585 independent living apartments, 14,584 assisted living suites and 5,210 skilled nursing units.