Stryker Corporation June 15th Short Interest Update

Stryker Corporation (NYSE:SYK) encountered a rise of 11.9% or 871,520 shares in the short positions. The number escalated from 7,305,484 on May 31,2016 to 8,177,004 on June 15,2016. The final interest is 2.3% of the floated stock. The days to cover figure of 6 can be arrived using the average daily exchange of 1,268,868 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Stryker Corporation (NYSE:SYK): The stock opened at $114.87 on Friday but the bulls could not build on the opening and the stock topped out at $117.92 for the day. The stock traded down to $114.41 during the day, due to lack of any buying support eventually closed down at $116.59 with a loss of -1.51% for the day. The stock had closed at $118.38 on the previous day. The total traded volume was 4,519,256 shares.

The company shares have rallied 22.26% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $118.65 and the one year low was seen on Jan 11, 2016. The 50-Day Moving Average price is $112.98 and the 200 Day Moving Average price is recorded at $103.48.

Stryker Corporation (NYSE:SYK) has climbed 1.93% in the past week and advanced 4.31% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.62% and the outperformance has advanced to 7.47% for the last 4 weeks period.

Stryker Corporation is a medical technology company. The Company offers a range of products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine, which help improve patient and hospital outcomes.

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