GATX Corporation June 15th Short Interest Update

GATX Corporation (NYSE:GMT) reported a rise of 6.7% or 531,285 shares in its short interest. The short figure came in at 21% of the total floats. The average daily volume of 378,078 shares suggests that the days to cover 8,438,830 short positions, as on June 15,2016, will be 22. On May 31,2016, the short interest was 7,907,545 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

GATX Corporation (NYSE:GMT): The stock opened at $44.97 on Friday but the bulls could not build on the opening and the stock topped out at $45.52 for the day. The stock traded down to $44.59 during the day, due to lack of any buying support eventually closed down at $44.71 with a loss of -4.89% for the day. The stock had closed at $47.01 on the previous day. The total traded volume was 4,129,591 shares.

The company shares have dropped -17.31% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $55.21 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $45.39 and the 200 Day Moving Average price is recorded at $44.00.

GATX Corporation (NYSE:GMT) has tumbled 1.58% during the past week and has dropped 1.58% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 0.05% and the outperformance has advanced to 1.39% for the last 4 weeks period.

GATX Corporation (GATX) is the independent global railcar lessor, owning fleets in North America, Europe and Asia. The Company operates through four segments: Rail North America, Rail International, American Steamship Company (ASC) and Portfolio Management. Rail North America comprises the Companys wholly owned operations in the United States, Canada, and Mexico, as well as an affiliate investment. Rail International comprises the Companys wholly owned European operations (GATX Rail Europe) and a railcar leasing business in India (Rail India), as well as one development-stage affiliate in China. ASC operates the fleet of United States flagged vessels on the Great Lakes. Portfolio Management generates leasing, marine operating, asset remarketing and management fee income through a collection of diversified wholly owned assets and joint venture investments. GATXs wholly owned fleet consists of approximately 149,000 railcars.

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