Toronto Dominion Bank (The) June 15th Short Interest Update

Toronto Dominion Bank (The) (NYSE:TD) has shown a rise of 6.2% or 653,573 shares in the short positions. The bets have increased to 11,184,904 shares on June 15,2016 from 10,531,331 shares on May 31,2016. With respect to the floated shares, the shorts are 0.6%. The days to cover are calculated to be 7, using the standard per day volume of 1,518,645 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Toronto Dominion Bank (The) (NYSE:TD): The stock opened at $42.38 on Friday but the bulls could not build on the opening and the stock topped out at $43.16 for the day. The stock traded down to $42.11 during the day, due to lack of any buying support eventually closed down at $42.50 with a loss of -4.28% for the day. The stock had closed at $44.40 on the previous day. The total traded volume was 2,954,534 shares.

The company shares have dropped -0.77% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $45.74 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $43.74 and the 200 Day Moving Average price is recorded at $40.87.

Toronto Dominion Bank (The) (NYSE:TD) has tumbled 1.78% during the past week and has dropped 3.85% 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 0.15%. Toronto Dominion Bank (The) (NYSE:TD) has underperformed the index by 0.94% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments, such as Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses, including credit cards, auto finance, wealth and insurance businesses. U.S. Retail consists of the Banks retail and commercial banking operations operating under the brand TD Bank, Americas Most Convenient Bank, and wealth management services in the United States. Wholesale Banking provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and meeting the daily trading, funding and investment needs of its clients. The Bank is also an online financial services firm.

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