NCR Corporation June 15th Short Interest Update

NCR Corporation (NYSE:NCR) has shown a drop of 10.7% or 360,905 shares in the short positions. The bets have increased to 3,013,726 shares on June 15,2016 from 3,374,631 shares on May 31,2016. With respect to the floated shares, the shorts are 2.5%. The days to cover are calculated to be 4, using the standard per day volume of 824,299 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

NCR Corporation (NYSE:NCR): The stock opened at $28.95 on Friday but the bulls could not build on the opening and the stock topped out at $29.29 for the day. The stock traded down to $27.63 during the day, due to lack of any buying support eventually closed down at $27.71 with a loss of -8.73% for the day. The stock had closed at $30.36 on the previous day. The total traded volume was 3,926,204 shares.

The company shares have dropped -8.00% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $32.09 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $29.51 and the 200 Day Moving Average price is recorded at $26.41.

NCR Corporation (NYSE:NCR) has tumbled 5.1% during the past week and has dropped 9.41% 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 3.53%. NCR Corporation (NYSE:NCR) has underperformed the index by 6.67% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

NCR Corporation (NCR) is a global technology company that provides products and services that enable businesses to connect, interact and transact with their customers. It operates in four business segments, which include Financial Services, Retail Solutions, Hospitality and Emerging Industries. NCR offers financial services, such as a line of ATM and payment processing hardware and software; cash management and video banking software and digital banking services, and related installation, maintenance and managed and professional services. NCR offers technology solutions to customers in the hospitality industry. The Company offers maintenance, as well as managed and professional services for third-party computer hardware provided to select manufacturers. The Company offers solutions to customers in the retail industry.

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