LifeLock June 15th Short Interest Update

LifeLock (NYSE:LOCK) has witnessed a rise of 17.4% or 1,550,111 shares in its short figure. The short interest augmentation took it from 8,930,889 on May 31,2016 to 10,481,000 on June 15,2016. In terms of floated shares, the short interest was calculated to be 12.7%. The days to cover are 5 given that the daily volume averaged 1,917,041 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

LifeLock (NYSE:LOCK): The stock opened at $15.31 on Friday but the bulls could not build on the opening and the stock topped out at $15.61 for the day. The stock traded down to $15.22 during the day, due to lack of any buying support eventually closed down at $15.51 with a loss of -2.76% for the day. The stock had closed at $15.95 on the previous day. The total traded volume was 2,785,791 shares.

The company shares have dropped -5.25% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $16.90 and the one year low was seen on Aug 14, 2015. The 50-Day Moving Average price is $13.45 and the 200 Day Moving Average price is recorded at $12.59.

LifeLock (NYSE:LOCK) has climbed 0.52% in the past week and advanced 18.94% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.19% and the outperformance has advanced to 22.54% for the last 4 weeks period.

LifeLock, Inc. is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment, which offers offer identity theft protection services to consumers on a monthly or annual subscription basis, and an enterprise segment, which offers consumer risk management services to enterprise customers who pay it based on the monthly volume of transactions with the Company. As of December 31, 2014, the Company served approximately 3.6 million paying members. As of December 31, 2014, the Company served over 300 enterprise customers. The Company offers the LifeLock Wallet mobile application, which allows consumers to replicate and store a digital copy of the personal wallet contents on smart device for records backup, as well as mobile use of items, such as credit, identification, ATM (automated teller machine), insurance, and loyalty cards.

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