Lockheed Martin Corporation June 15th Short Interest Update

Lockheed Martin Corporation (NYSE:LMT) has shown a drop of 14.4% or 409,380 shares in the short positions. The bets have increased to 2,439,084 shares on June 15,2016 from 2,848,464 shares on May 31,2016. With respect to the floated shares, the shorts are 0.8%. The days to cover are calculated to be 2, using the standard per day volume of 1,025,680 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Lockheed Martin Corporation (NYSE:LMT): The stock opened at $234.85 on Friday but the bulls could not build on the opening and the stock topped out at $242.87 for the day. The stock traded down to $234.75 during the day, due to lack of any buying support eventually closed down at $239.70 with a loss of -0.13% for the day. The stock had closed at $240.00 on the previous day. The total traded volume was 3,471,214 shares.

The company shares have rallied 29.20% from its 1 Year high price. On May 12, 2016, the shares registered one year high at $245.37 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $240.09 and the 200 Day Moving Average price is recorded at $224.16.

Stocks of Lockheed Martin Corporation (NYSE:LMT) rallied by 0.9% during the past week but lost 0.16% on a 4-week basis. In the past week, the company has outperformed the S&P 500 by 2.58% and the outperformance has advanced to 2.86% for the last 4 weeks period.

Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Companys areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves both the United States and international customers with products and services that have defense, civil and commercial applications.

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