Intercontinental Exchange June 15th Short Interest Update

Intercontinental Exchange (NYSE:ICE) has shown a rise of 2.6% or 33,212 shares in the short positions. The bets have increased to 1,307,941 shares on June 15,2016 from 1,274,729 shares on May 31,2016. With respect to the floated shares, the shorts are 1.1%. The days to cover are calculated to be 2, using the standard per day volume of 755,160 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Intercontinental Exchange (NYSE:ICE): The stock opened at $247.82 on Friday but the bulls could not build on the opening and the stock topped out at $252.21 for the day. The stock traded down to $245.75 during the day, due to lack of any buying support eventually closed down at $246.40 with a loss of -3.77% for the day. The stock had closed at $256.05 on the previous day. The total traded volume was 2,472,324 shares.

The company shares have rallied 10.85% from its 1 Year high price. On May 31, 2016, the shares registered one year high at $271.95 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $261.20 and the 200 Day Moving Average price is recorded at $248.24.

Intercontinental Exchange (NYSE:ICE) has tumbled 2.86% during the past week and has dropped 8.81% 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 1.25%. Intercontinental Exchange (NYSE:ICE) has underperformed the index by 6.05% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Intercontinental Exchange, Inc. (ICE) is a global operator of regulated exchanges, clearing houses and data services for financial and commodity markets. The Company operates marketplaces for trading and clearing an array of securities and derivatives contracts across asset classes, including energy and agricultural commodities, equities and equity derivatives, among others. Its regulated exchanges include futures exchanges in the United States, United Kingdom, Canada, Singapore and Europe, three securities exchanges and two equity options exchanges. The Company also operates over-the-counter (OTC), markets for physical energy and credit default swaps (CDS). Its products and services include Regulated Energy Futures Contracts, Regulated Agricultural Futures Contracts, Regulated Financial Futures Contracts, Securities Products and Listings, Credit Derivatives Products, OTC Energy Products, ICE Data Services and New York Stock Exchange (NYSE) Data Services.

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