Honeywell International June 15th Short Interest Update

Honeywell International (NYSE:HON) encountered a rise of 11.6% or 574,275 shares in the short positions. The number escalated from 4,971,058 on May 31,2016 to 5,545,333 on June 15,2016. The final interest is 0.7% of the floated stock. The days to cover figure of 2 can be arrived using the average daily exchange of 2,373,069 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Honeywell International (NYSE:HON): The stock opened at $113.50 on Friday but the bulls could not build on the opening and the stock topped out at $115.34 for the day. The stock traded down to $112.64 during the day, due to lack of any buying support eventually closed down at $112.98 with a loss of -3.70% for the day. The stock had closed at $117.32 on the previous day. The total traded volume was 3,663,434 shares.

The company shares have rallied 10.93% from its 1 Year high price. On Jun 20, 2016, the shares registered one year high at $118.53 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $114.79 and the 200 Day Moving Average price is recorded at $108.48.

Honeywell International (NYSE:HON) has tumbled 2.54% during the past week and has dropped 1.18% in the last 4 week period. The stocks have underperformed the S&P 500 by 0.92% during the past week but Honeywell International (NYSE:HON) it has outperformed the index in 4 weeks by 1.81%.

Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company. The Company is engaged in serving customers across the world with aerospace products and services, turbochargers, control, sensing and security technologies for buildings, homes and industry, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. The Company operates in segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment is a supplier of aircraft engines, integrated avionics, systems and service solutions, and related products and services. ACS segment provides environmental and combustion controls, sensing controls, security and life safety products and services. Its PMT segment develops and manufactures advanced materials, process technologies and automation solutions.

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