Take-Two Interactive Software (NASDAQ:TTWO), A rise of 170,556 shares or 1.3% was seen in the short interest of Take-Two Interactive Software, Inc.. Even as the interest increased from 13,030,665 shares on May 31,2016 to 13,201,221 shares on June 15,2016, the days to cover came in at 7. The updated interest stood at 16% of the stocks floats. The stock has seen an average daily volume of 1,789,241 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Take-Two Interactive Software (NASDAQ:TTWO): The stock opened at $36.28 on Friday but the bulls could not build on the opening and the stock topped out at $37.30 for the day. The stock traded down to $35.99 during the day, due to lack of any buying support eventually closed down at $35.99 with a loss of -5.21% for the day. The stock had closed at $37.97 on the previous day. The total traded volume was 3,615,072 shares.
The company shares have rallied 28.81% from its 1 Year high price. On Jun 7, 2016, the shares registered one year high at $40.17 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $37.53 and the 200 Day Moving Average price is recorded at $35.70.
Take-Two Interactive Software (NASDAQ:TTWO) has tumbled 2.97% during the past week and has dropped 7.24% 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 1.36%. Take-Two Interactive Software (NASDAQ:TTWO) has underperformed the index by 4.44% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Take-Two Interactive Software, Inc. is a developer, publisher and marketer of interactive entertainment. The Company develops and publishes products through its two wholly owned labels Rockstar Games and 2K. The Company has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world. The Companys products are designed for console gaming systems, such as Sonys PlayStation 3 and PlayStation 4, Microsofts Xbox 360 and Xbox One, and personal computers, including Smartphones and tablets. Rockstar Games is the developer and publisher of Grand Theft Auto, as well as other franchises, including L.A. Noire, Max Payne, Midnight Club and Red Dead. The Companys 2K publishes owned and licensed titles across a range of genres, including shooter, action, role-playing, strategy, sports and family/casual.