Wyndham Worldwide Corp (NYSE:WYN), A drop of 226,808 shares or 1.9% was seen in the short interest of Wyndham Worldwide Corp. Even as the interest dropped from 11,770,123 shares on May 31,2016 to 11,543,315 shares on June 15,2016, the days to cover came in at 11. The updated interest stood at 10.6% of the stocks floats. The stock has seen an average daily volume of 1,046,429 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Wyndham Worldwide Corp (NYSE:WYN): The stock opened at $68.28 on Friday but the bulls could not build on the opening and the stock topped out at $69.55 for the day. The stock traded down to $67.18 during the day, due to lack of any buying support eventually closed down at $67.29 with a loss of -6.36% for the day. The stock had closed at $71.86 on the previous day. The total traded volume was 2,210,069 shares.
The company shares have dropped -17.64% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $87.33 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $68.41 and the 200 Day Moving Average price is recorded at $70.94.
Wyndham Worldwide Corp (NYSE:WYN) has tumbled 4.04% during the past week and has dropped 0.27% in the last 4 week period. The stocks have underperformed the S&P 500 by 2.44% during the past week but Wyndham Worldwide Corp (NYSE:WYN) it has outperformed the index in 4 weeks by 2.75%.
Wyndham Worldwide Corporation is a hospitality company. The Company offers individual consumers and business customers a wide range of hospitality services and products through a portfolio of brands, including Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites, Tryp by Wyndham, RCI, Landal GreenParks, and others. The Company operates through three segments: Lodging, which franchises hotels in the upscale, upper midscale, midscale, economy and extended stay segments and provides hotel management services for service hotels; Vacation exchange and rentals, which provides vacation exchange services and products to owners of intervals of vacation ownership interests (VOIs) and markets vacation rental properties, and Vacation ownership, which develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts.