HollyFrontier Corporation June 15th Short Interest Update

HollyFrontier Corporation (NYSE:HFC) stated gains of 1,412,880 shares or 12.3% in the short interest. The short interest registered from 11,488,984 on May 31,2016 to 12,901,864 on June 15,2016. In terms of floated shares, the shorted positions stood at 7.4%. The stock has been averaging 4,166,623 shares daily in trading and would need 3 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

HollyFrontier Corporation (NYSE:HFC): The stock opened at $23.98 on Friday but the bulls could not build on the opening and the stock topped out at $24.51 for the day. The stock traded down to $23.67 during the day, due to lack of any buying support eventually closed down at $24.16 with a loss of -2.58% for the day. The stock had closed at $24.80 on the previous day. The total traded volume was 4,280,273 shares.

The company shares have dropped -41.63% from its 1 Year high price. On Aug 13, 2015, the shares registered one year high at $54.73 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $26.82 and the 200 Day Moving Average price is recorded at $33.56.

Stocks of HollyFrontier Corporation (NYSE:HFC) rallied by 0.25% during the past week but lost 10.39% on a 4-week basis. The company has outperformed the S&P 500 by 1.91% in the past week but underperformed the index by 7.67% in the last 4 weeks.

HollyFrontier Corporation is an independent petroleum refiner in the United States. The Company produces refined products, such as gasoline, diesel fuel, jet fuel, lubricant products, and specialty and modified asphalt. The Company operates through two segments, namely, Refining and HEP. The Refining segment includes the operations of its El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries, and NK Asphalt Partners (NK Asphalt). The Companys refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment includes of the operations of the Companys subsidiary Holly Energy Partners, L.P. (HEP). HEP is a limited partnership that acquires, owns and operates of the refined product pipeline and terminalling assets that support the refining and marketing operations in the Mid-Continent, Southwest and Rocky Mountain regions of the United States.

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