Korn/Ferry International (NYSE:KFY), A reduction of 123,190 shares or 9.8% was observed in the short interest of Korn/Ferry International The interest on June 15,2016 came in at 1,131,147 shares and as per the average daily trading of 421,405 shares, the days to cover are 3. The reduced interest is 2.2% of the floated shares. The data of May 31,2016 put the interest at 1,254,337 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Korn/Ferry International (NYSE:KFY): The stock opened at $21.70 on Friday but the bulls could not build on the opening and the stock topped out at $21.82 for the day. The stock traded down to $20.40 during the day, due to lack of any buying support eventually closed down at $20.44 with a loss of -9.36% for the day. The stock had closed at $22.55 on the previous day. The total traded volume was 1,974,036 shares.
The company shares have dropped -41.32% from its 1 Year high price. On Dec 2, 2015, the shares registered one year high at $38.93 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $27.11 and the 200 Day Moving Average price is recorded at $29.01.
Korn/Ferry International (NYSE:KFY) has tumbled 8.87% during the past week and has dropped 28.66% 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 7.36%. Korn/Ferry International (NYSE:KFY) has underperformed the index by 26.5% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Korn/Ferry International offers leadership and talent consulting services. The Company provides executive recruitment, leadership development, enterprise learning, succession planning and recruitment process outsourcing. Its business segments include Executive Recruitment, Leadership & Talent Consulting (LTC), and Professional Search and Recruitment Process Outsourcing (Futurestep). Its executive recruitment services are used to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers and other senior executive officers. Its strategic management assessment and executive coaching and development services are consolidated under the LTC segment. Its subsidiary, Futurestep, offers talent acquisition solutions, including recruitment process outsourcing, project recruitment, professional search, talent consulting and talent communications. It operates in around 37 countries.