Kennedy-Wilson Holdings (NYSE:KW), A reduction of 305,458 shares or 5.7% was observed in the short interest of Kennedy Wilson Holdings Inc The interest on June 15,2016 came in at 5,059,290 shares and as per the average daily trading of 480,736 shares, the days to cover are 11. The reduced interest is 5.4% of the floated shares. The data of May 31,2016 put the interest at 5,364,748 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Kennedy-Wilson Holdings (NYSE:KW): The stock opened at $19.14 on Friday but the bulls could not build on the opening and the stock topped out at $19.17 for the day. The stock traded down to $18.06 during the day, due to lack of any buying support eventually closed down at $18.23 with a loss of -9.21% for the day. The stock had closed at $20.08 on the previous day. The total traded volume was 2,486,511 shares.
The company shares have dropped -25.50% from its 1 Year high price. On Nov 30, 2015, the shares registered one year high at $26.44 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $20.25 and the 200 Day Moving Average price is recorded at $20.81.
Kennedy-Wilson Holdings (NYSE:KW) has tumbled 5.5% during the past week and has dropped 12.86% 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 3.93%. Kennedy-Wilson Holdings (NYSE:KW) has underperformed the index by 10.22% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Kennedy-Wilson Holdings, Inc. is a global real estate investment and services company. The Company owns and operates real estate related investments. The Company holds around 61.5% interest in Vintage Housing Holdings, LLC (VHH). VHH owns certain interests in around 30 multi-family properties totaling approximately 5,485 units. The Company owns around 163 mixed-use properties located throughout the United Kingdom. It operates in two business segments: KW Investments and KW Services. KW Investments invests its capital in real estate-related assets. KW Services provides an array of real estate-related services to the Company and its investment partners, third-party owners, and lenders, with a focus on financial institution based clients. The Company invests its capital in real estate assets and loans secured by real estate either on its own or with partners through publicly traded companies, joint ventures, separate accounts, or funds.