Vantiv (NYSE:VNTV), A reduction of 1,470,827 shares or 17.9% was observed in the short interest of Vantiv Inc The interest on June 15,2016 came in at 6,743,306 shares and as per the average daily trading of 1,351,311 shares, the days to cover are 5. The reduced interest is 4.4% of the floated shares. The data of May 31,2016 put the interest at 8,214,133 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Vantiv (NYSE:VNTV): The stock opened at $51.41 on Friday but the bulls could not build on the opening and the stock topped out at $53.07 for the day. The stock traded down to $50.98 during the day, due to lack of any buying support eventually closed down at $52.70 with a loss of -1.11% for the day. The stock had closed at $53.29 on the previous day. The total traded volume was 3,154,817 shares.
The company shares have rallied 39.57% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $58.09 and the one year low was seen on Jun 30, 2015. The 50-Day Moving Average price is $53.68 and the 200 Day Moving Average price is recorded at $51.15.
Vantiv (NYSE:VNTV) has tumbled 0.9% during the past week and has dropped 2.37% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 0.74% and the outperformance has advanced to 0.58% for the last 4 weeks period.
Vantiv, Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing, including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts, such as business cards, home equity lines of credit and health savings accounts.