Whitewave Foods Company (The) June 15th Short Interest Update

The short interest in Whitewave Foods Company (The) (NYSE:WWAV) has declined from 9,812,467 on May 31,2016 to 9,019,293 on June 15,2016. The change was measured at 793,174 shares or 8.1%. The leftover shorts were 5.2% of the floated shares. The days to cover are 6, given the average daily volume of 1,412,022 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Whitewave Foods Company (The) (NYSE:WWAV): The stock opened at $44.58 on Friday but the bulls could not build on the opening and the stock topped out at $45.48 for the day. The stock traded down to $44.06 during the day, due to lack of any buying support eventually closed down at $44.23 with a loss of -5.27% for the day. The stock had closed at $46.69 on the previous day. The total traded volume was 2,268,083 shares.

The company shares have dropped -8.56% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $52.53 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $44.80 and the 200 Day Moving Average price is recorded at $40.17.

Whitewave Foods Company (The) (NYSE:WWAV) has tumbled 3.15% during the past week and has dropped 1.29% in the last 4 week period. The stocks have underperformed the S&P 500 by 1.55% during the past week but Whitewave Foods Company (The) (NYSE:WWAV) it has outperformed the index in 4 weeks by 1.69%.

The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce across North America and Europe. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages. It is engaged in the manufacturing, marketing, distribution and sale of plant-based beverages in China. In North America, it distributes the brands, including Silk and So Delicious plant-based foods and beverages; International Delight and LAND O LAKES coffee creamers and beverages; Horizon Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. Its plant-based foods and beverages brands in Europe include Alpro and Provamel. It sells its plant-based beverages in China under the Silk ZhiPuMoFang brand. In addition, it also offers the Vega brand, which includes plant-based nutrition products.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.