Robert Half International June 15th Short Interest Update

The short interest in Robert Half International (NYSE:RHI) has increased from 2,728,361 on May 31,2016 to 2,806,060 on June 15,2016. The change was measured at 77,699 shares or 2.8%. The leftover shorts were 2.2% of the floated shares. The days to cover are 3, given the average daily volume of 1,074,269 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Robert Half International (NYSE:RHI): The stock opened at $37.76 on Friday but the bulls could not build on the opening and the stock topped out at $38.43 for the day. The stock traded down to $36.59 during the day, due to lack of any buying support eventually closed down at $36.92 with a loss of -6.98% for the day. The stock had closed at $39.69 on the previous day. The total traded volume was 2,588,245 shares.

The company shares have dropped -33.42% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $58.00 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $39.73 and the 200 Day Moving Average price is recorded at $42.19.

Robert Half International (NYSE:RHI) has tumbled 4.3% during the past week and has dropped 9.82% 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 2.71%. Robert Half International (NYSE:RHI) has underperformed the index by 7.09% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Robert Half International Inc. is engaged in providing specialized staffing and risk consulting services. The Company provides staffing and risk consulting services through the divisions: Accountemps, Robert Half Finance & Accounting, OfficeTeam, Robert Half Technology, Robert Half Management Resources, Robert Half Legal, The Creative Group and Protiviti. The Company operates through three segments: temporary and consultant staffing, permanent placement staffing, and risk consulting and internal audit services. The temporary and consultant segment provides specialized staffing in the accounting and finance, administrative and office, information technology, legal, advertising, marketing and Web design fields. The permanent placement segment provides full-time personnel in the accounting, finance, administrative and office, and information technology fields. The risk consulting segment provides business and technology risk consulting and internal audit services.

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