R.R. Donnelley & Sons Company (NASDAQ:RRD) has shown a drop of 6.3% or 422,486 shares in the short positions. The bets have increased to 6,292,427 shares on June 15,2016 from 6,714,913 shares on May 31,2016. With respect to the floated shares, the shorts are 3%. The days to cover are calculated to be 5, using the standard per day volume of 1,168,060 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
R.R. Donnelley & Sons Company (NASDAQ:RRD): The stock opened at $16.05 on Friday but the bulls could not build on the opening and the stock topped out at $16.29 for the day. The stock traded down to $15.84 during the day, due to lack of any buying support eventually closed down at $15.84 with a loss of -5.55% for the day. The stock had closed at $16.77 on the previous day. The total traded volume was 3,546,498 shares.
The company shares have dropped -10.66% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $18.94 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $16.20 and the 200 Day Moving Average price is recorded at $15.37.
R.R. Donnelley & Sons Company (NASDAQ:RRD) has tumbled 2.88% during the past week and has dropped 3.18% 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 1.27%. R.R. Donnelley & Sons Company (NASDAQ:RRD) has underperformed the index by 0.25% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
R. R. Donnelley & Sons Company (RR Donnelley) helps organizations communicate by working to create, manage, produce, distribute and process content on behalf of its customers. The Company operates through segments: Publishing and Retail Services, Variable Print, Strategic Services and International. The Publishing and Retail Services segment offers products, including magazines, catalogs, retail inserts, books, directories and packaging. The Variable Print segments product offerings include commercial and digital print, direct mail, office products, labels, statement printing, forms and packaging. The Companys Strategic Services segment include its logistics services, financial print products and related services, print management offerings, and digital and creative solutions. The International segment includes the Companys non- United States printing operations in Asia, Europe, Latin America and Canada.