UnitedHealth Group Incorporated June 15th Short Interest Update

The short interest in UnitedHealth Group Incorporated (NYSE:UNH) has increased from 9,034,654 on May 31,2016 to 9,946,775 on June 15,2016. The change was measured at 912,121 shares or 10.1%. The leftover shorts were 1.1% of the floated shares. The days to cover are 3, given the average daily volume of 3,362,236 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

UnitedHealth Group Incorporated (NYSE:UNH): The stock opened at $135.66 on Friday but the bulls could not build on the opening and the stock topped out at $138.62 for the day. The stock traded down to $135.15 during the day, due to lack of any buying support eventually closed down at $137.29 with a loss of -1.37% for the day. The stock had closed at $139.19 on the previous day. The total traded volume was 4,475,066 shares.

The company shares have rallied 13.28% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $140.89 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $134.85 and the 200 Day Moving Average price is recorded at $124.56.

UnitedHealth Group Incorporated (NYSE:UNH) has tumbled 0.29% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.46% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.36% and the outperformance has advanced to 5.56% for the last 4 weeks period.

UnitedHealth Group Incorporated is a health and well-being company. The Companys business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various customers and markets. Optum is a health services business serving the health care marketplace, including payers, care providers, employers, Governments, life sciences companies and consumers. The Companys business platforms have four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. UnitedHealthcare includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State and UnitedHealthcare Global. OptumHealth is a health and wellness business serving the physical, emotional and financial needs of individuals. OptumInsight provides technology, operational and consulting services to participants in the health care industry. OptumRx provides a range of pharmacy benefit management (PBM) services.

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