Pool Corporation June 15th Short Interest Update

Pool Corporation (NASDAQ:POOL), A reduction of 111,919 shares or 4.4% was observed in the short interest of Pool Corporation The interest on June 15,2016 came in at 2,433,415 shares and as per the average daily trading of 223,325 shares, the days to cover are 11. The reduced interest is 6.1% of the floated shares. The data of May 31,2016 put the interest at 2,545,334 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Pool Corporation (NASDAQ:POOL): The stock opened at $88.02 on Friday but the bulls could not build on the opening and the stock topped out at $90.67 for the day. The stock traded down to $87.76 during the day, due to lack of any buying support eventually closed down at $89.30 with a loss of -1.72% for the day. The stock had closed at $90.86 on the previous day. The total traded volume was 4,161,772 shares.

The company shares have rallied 27.70% from its 1 Year high price. On Apr 21, 2016, the shares registered one year high at $94.60 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $90.29 and the 200 Day Moving Average price is recorded at $84.60.

Pool Corporation (NASDAQ:POOL) has tumbled 0.16% during the past week and has dropped 3.39% in the last 4 week period. The company has outperformed the S&P 500 by 1.5% in the past week but underperformed the index by 0.46% in the last 4 weeks.

Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company is also a distributor of irrigation and landscape products. The Company operates approximately 328 sales centers in North America, Europe, South America and Australia through its four distribution networks: SCP Distributors (SCP); Superior Pool Products (Superior); Horizon Distributors (Horizon), and National Pool Tile (NPT). The Companys product offerings also include building materials used for pool construction, installations and remodeling, such as concrete and pool surfacing and decking materials. The Companys products include maintenance products, repair and replacement parts for pool equipment, packaged pool kits, pool equipment and components for pool construction and irrigation and landscape products, among others.

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