FLIR Systems (NASDAQ:FLIR) has shown a drop of 11.7% or 295,668 shares in the short positions. The bets have increased to 2,235,733 shares on June 15,2016 from 2,531,401 shares on May 31,2016. With respect to the floated shares, the shorts are 1.6%. The days to cover are calculated to be 4, using the standard per day volume of 624,268 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
FLIR Systems (NASDAQ:FLIR): The stock opened at $30.27 on Friday but the bulls could not build on the opening and the stock topped out at $30.64 for the day. The stock traded down to $29.35 during the day, due to lack of any buying support eventually closed down at $29.83 with a loss of -5.45% for the day. The stock had closed at $31.55 on the previous day. The total traded volume was 3,288,496 shares.
The company shares have dropped -4.42% from its 1 Year high price. On Apr 25, 2016, the shares registered one year high at $34.09 and the one year low was seen on Oct 28, 2015. The 50-Day Moving Average price is $30.74 and the 200 Day Moving Average price is recorded at $30.81.
FLIR Systems (NASDAQ:FLIR) has tumbled 2.39% during the past week and has dropped 3.43% 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 0.77%. FLIR Systems (NASDAQ:FLIR) has underperformed the index by 0.51% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
FLIR Systems, Inc. (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and advanced threat-detection solutions. The Companys operating segments include: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image, measure and assess thermal energy, gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors, instruments and integrated platform solutions for the detection, identification and suppression of chemical and other related threats.