MUELLER WATER PRODUCTS June 15th Short Interest Update

MUELLER WATER PRODUCTS (NYSE:MWA) has shown a rise of 0.8% or 33,656 shares in the short positions. The bets have increased to 4,366,048 shares on June 15,2016 from 4,332,392 shares on May 31,2016. With respect to the floated shares, the shorts are 2.8%. The days to cover are calculated to be 4, using the standard per day volume of 1,076,986 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

MUELLER WATER PRODUCTS (NYSE:MWA): The stock opened at $10.72 on Friday but the bulls could not build on the opening and the stock topped out at $10.99 for the day. The stock traded down to $10.62 during the day, due to lack of any buying support eventually closed down at $10.72 with a loss of -4.46% for the day. The stock had closed at $11.22 on the previous day. The total traded volume was 2,152,225 shares.

The company shares have rallied 18.19% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $11.75 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $10.94 and the 200 Day Moving Average price is recorded at $9.49.

MUELLER WATER PRODUCTS (NYSE:MWA) has tumbled 3.34% during the past week and has dropped 2.19% in the last 4 week period. The stocks have underperformed the S&P 500 by 1.73% during the past week but MUELLER WATER PRODUCTS (NYSE:MWA) it has outperformed the index in 4 weeks by 0.77%.

Mueller Water Products, Inc., is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water. The Companys product portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment, which are used by municipalities, and residential and non-residential construction industries. The Company operates through two segments: Mueller Co. and Anvil. The Company helps municipalities increase operational efficiencies, improve customer service and prioritize capital spending. Mueller Co. manufactures valves for water and gas systems, including iron gate, butterfly, tapping, check, plug and ball valves, dry-barrel and wet-barrel fire hydrants, and metering systems. The Company also manufactures fittings and couplings, including cast iron fittings, malleable iron fittings and unions, grooved fittings, threaded steel pipe coupling and nipples.

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