Vail Resorts (NYSE:MTN) has witnessed a rise of 12.8% or 179,485 shares in its short figure. The short interest augmentation took it from 1,396,851 on May 31,2016 to 1,576,336 on June 15,2016. In terms of floated shares, the short interest was calculated to be 4.4%. The days to cover are 4 given that the daily volume averaged 394,465 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Vail Resorts (NYSE:MTN): The stock opened at $136.31 on Friday but the bulls could not build on the opening and the stock topped out at $140.38 for the day. The stock traded down to $134.71 during the day, due to lack of any buying support eventually closed down at $135.43 with a loss of -3.30% for the day. The stock had closed at $140.05 on the previous day. The total traded volume was 3,204,516 shares.
The company shares have rallied 25.71% from its 1 Year high price. On Jun 10, 2016, the shares registered one year high at $143.09 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $132.80 and the 200 Day Moving Average price is recorded at $128.42.
Vail Resorts (NYSE:MTN) has tumbled 0.49% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.84% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.16% and the outperformance has advanced to 6.98% for the last 4 weeks period.
Vail Resorts, Inc. is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. The Companys Mountain segment operates around 10 mountain resort properties and two urban ski areas, as well as ancillary services, primarily including, ski school, dining and retail/rental operations. The Companys Lodging segment owns and/or manages a collection of luxury hotels under RockResorts brand, as well as other lodging properties, and a range of condominiums located in proximity to its mountain resorts, certain National Park Service (NPS) concessionaire properties, including Grand Teton Lodge Company (GTLC), which operates destination resorts at Grand Teton National Park; Colorado Mountain Express (CME), a Colorado resort ground transportation company, and mountain resort golf courses. The Companys Real Estate segment owns and develops real estate in and around its resort communities.