The short interest in Republic Services (NYSE:RSG) has declined from 6,195,659 on May 31,2016 to 6,140,537 on June 15,2016. The change was measured at 55,122 shares or 0.9%. The leftover shorts were 1.8% of the floated shares. The days to cover are 6, given the average daily volume of 955,129 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Republic Services (NYSE:RSG): The stock opened at $48.74 on Friday but the bulls could not build on the opening and the stock topped out at $49.93 for the day. The stock traded down to $48.67 during the day, due to lack of any buying support eventually closed down at $49.68 with a loss of -0.34% for the day. The stock had closed at $49.85 on the previous day. The total traded volume was 3,089,869 shares.
The company shares have rallied 27.25% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $50.37 and the one year low was seen on Jun 29, 2015. The 50-Day Moving Average price is $48.79 and the 200 Day Moving Average price is recorded at $46.29.
Republic Services (NYSE:RSG) has climbed 0.87% in the past week and advanced 2.77% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.55% and the outperformance has advanced to 5.88% for the last 4 weeks period.
Republic Services, Inc. is a provider of services in the domestic non-hazardous solid waste services industry. The Company provides non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers. The Company operates three geographic operating regions that are also its segments: East, Central and West. Each region is organized into several areas and each area contains multiple business units or operating locations. The Company has approximately 340 collection operations, owned or operated 198 transfer stations, 189 active solid waste landfills and 60 recycling centers. It also operates approximately 72 landfill gas and renewable energy projects. The Company operates in 39 states and Puerto Rico. The Company provides collection, transfer, recycling and landfill services in all its regions.