Kimberly-Clark Corporation (NYSE:KMB) has seen a shortfall of 1,092,591 shares or 20.3% in the short interest. The remaining shorts are 1.2% of the total floated shares. The net short interest, as on June 15,2016, stood at 4,276,514 shares and the stocks days to cover will be 3 by factoring in the average per day volume of 1,318,601 shares. On May 31,2016, 5,369,105 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Kimberly-Clark Corporation (NYSE:KMB): The stock opened at $131.65 on Friday but the bulls could not build on the opening and the stock topped out at $133.30 for the day. The stock traded down to $130.87 during the day, due to lack of any buying support eventually closed down at $131.08 with a loss of -2.15% for the day. The stock had closed at $133.96 on the previous day. The total traded volume was 2,260,710 shares.
The company shares have rallied 23.52% from its 1 Year high price. On Apr 11, 2016, the shares registered one year high at $138.76 and the one year low was seen on Sep 10, 2015. The 50-Day Moving Average price is $129.54 and the 200 Day Moving Average price is recorded at $129.69.
Kimberly-Clark Corporation (NYSE:KMB) has tumbled 1% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.05% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.65% and the outperformance has advanced to 5.14% for the last 4 weeks period.
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. The Companys operating segments are based on product groupings. The Company operates in three segments, which include Personal Care, which offers solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, offers products, such as facial and bathroom tissue, paper towels, napkins and related products, and K-C Professional (KCP), offers solutions and supporting products, such as apparel, wipers, soaps, sanitizers, tissue and towels. The Companys brands include Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, WypAll, Kimtech, and Jackson Safety, among others.