Whirlpool Corporation June 15th Short Interest Update

Whirlpool Corporation (NYSE:WHR), A rise of 379,086 shares or 9.4% was seen in the short interest of Whirlpool. Even as the interest increased from 4,014,676 shares on May 31,2016 to 4,393,762 shares on June 15,2016, the days to cover came in at 6. The updated interest stood at 5.9% of the stocks floats. The stock has seen an average daily volume of 686,652 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Whirlpool Corporation (NYSE:WHR): The stock opened at $170.80 on Friday but the bulls could not build on the opening and the stock topped out at $170.89 for the day. The stock traded down to $160.97 during the day, due to lack of any buying support eventually closed down at $162.57 with a loss of -9.08% for the day. The stock had closed at $178.80 on the previous day. The total traded volume was 2,818,465 shares.

The company shares have dropped -6.45% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $193.59 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $173.85 and the 200 Day Moving Average price is recorded at $161.31.

Whirlpool Corporation (NYSE:WHR) has tumbled 7.44% during the past week and has dropped 6.9% 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 5.91%. Whirlpool Corporation (NYSE:WHR) has underperformed the index by 4.08% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Companys reportable segments consist of North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.

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