Vector Group Ltd. June 15th Short Interest Update

Vector Group Ltd. (NYSE:VGR) stated loss of 121,041 shares or 1.3% in the short interest. The short interest registered from 9,124,880 on May 31,2016 to 9,003,839 on June 15,2016. In terms of floated shares, the shorted positions stood at 10%. The stock has been averaging 643,827 shares daily in trading and would need 14 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Vector Group Ltd. (NYSE:VGR): The stock opened at $21.44 on Friday but the bulls could not build on the opening and the stock topped out at $21.92 for the day. The stock traded down to $21.32 during the day, due to lack of any buying support eventually closed down at $21.70 with a loss of -0.41% for the day. The stock had closed at $21.79 on the previous day. The total traded volume was 2,545,438 shares.

The company shares have dropped -2.42% from its 1 Year high price. On Dec 4, 2015, the shares registered one year high at $25.60 and the one year low was seen on Apr 22, 2016. The 50-Day Moving Average price is $21.57 and the 200 Day Moving Average price is recorded at $22.37.

Vector Group Ltd. (NYSE:VGR) has tumbled 0.64% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.59% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.01% and the outperformance has advanced to 4.67% for the last 4 weeks period.

Vector Group Ltd. is a holding company engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries; the sale of electronic cigarettes (e-cigarettes) in the United States, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire additional operating companies and real estate properties. The Companys business segments include Tobacco, E-Cigarettes and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The E-Cigarettes segment includes the operations of the Companys e-cigarette business. The Real Estate segment includes the Companys investments in consolidated and non-consolidated real estate businesses.

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