The NASDAQ OMX Group (NASDAQ:NDAQ) encountered a drop of 3% or -105,966 shares in the short positions. The number dropped from 3,553,720 on May 31,2016 to 3,447,754 on June 15,2016. The final interest is 2.4% of the floated stock. The days to cover figure of 5 can be arrived using the average daily exchange of 688,034 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
The NASDAQ OMX Group (NASDAQ:NDAQ): The stock opened at $62.16 on Friday but the bulls could not build on the opening and the stock topped out at $64.29 for the day. The stock traded down to $61.78 during the day, due to lack of any buying support eventually closed down at $63.00 with a loss of -2.19% for the day. The stock had closed at $64.41 on the previous day. The total traded volume was 2,018,648 shares.
The company shares have rallied 29.76% from its 1 Year high price. On Mar 15, 2016, the shares registered one year high at $67.61 and the one year low was seen on Jul 7, 2015. The 50-Day Moving Average price is $64.41 and the 200 Day Moving Average price is recorded at $62.27.
The NASDAQ OMX Group (NASDAQ:NDAQ) has tumbled 1.38% during the past week and has dropped 4.07% in the last 4 week period. The company has outperformed the S&P 500 by 0.26% in the past week but underperformed the index by 1.16% in the last 4 weeks.
Nasdaq Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc., is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents. The Company manages, operates and provides its products and services in four segments: Market Services, Listing Services, Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.