The short interest in New York Times Company (The) (NYSE:NYT) has increased from 4,787,139 on May 31,2016 to 4,869,677 on June 15,2016. The change was measured at 82,538 shares or 1.7%. The leftover shorts were 3.9% of the floated shares. The days to cover are 9, given the average daily volume of 568,890 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
New York Times Company (The) (NYSE:NYT): The stock opened at $11.51 on Friday but the bulls could not build on the opening and the stock topped out at $12.04 for the day. The stock traded down to $11.47 during the day, due to lack of any buying support eventually closed down at $11.81 with a loss of -1.09% for the day. The stock had closed at $11.94 on the previous day. The total traded volume was 3,109,639 shares.
The company shares have dropped -13.03% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $14.30 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $12.02 and the 200 Day Moving Average price is recorded at $12.61.
New York Times Company (The) (NYSE:NYT) has tumbled 0.25% during the past week and has dropped 1.09% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 1.4% and the outperformance has advanced to 1.9% for the last 4 weeks period.
The New York Times Company is a media organization focused on creating, collecting and distributing news and information. The Company includes newspapers, digital businesses and investments in paper mills. The Companys businesses include The New York Times (The Times); the International New York Times (INYT), the international edition of The Times; its Websites, NYTimes.com and international.nytimes.com, and related businesses, such as The Times news services division, digital archive distribution, conferences business and other products and services. The Times is a daily (Monday to Saturday) and Sunday newspaper, and INYT is a daily newspaper. The Companys content reaches its audience through its print products, online and through other digital media, including smartphone, tablet and e-reader applications. The Company generates revenues principally from circulation and advertising.