Herbalife LTD. (HLF): Price Target and June Short Interest Disclosure

Herbalife LTD. (HLF) : The consensus price target for Herbalife LTD. (HLF) is $62 for the short term with a standard deviation of $5.66. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $66, however, the pessimist price target for the company is $58.

Herbalife LTD. (HLF) has shown a drop of 4.6% or 1,036,517 shares in the short positions. The bets have increased to 21,682,755 shares on June 30,2016 from 22,719,272 shares on June 15,2016. With respect to the floated shares, the shorts are 25.1%. The days to cover are calculated to be 17, using the standard per day volume of 1,253,377 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Herbalife LTD. (NYSE:HLF): On Thursdays trading session , Opening price of the stock was $59.73 with an intraday high of $60.99. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $58.83. However, the stock managed to close at $59.36, a loss of 0.08% for the day. On the previous day, the stock had closed at $59.41. The total traded volume of the day was 1,991,584 shares.

Herbalife Ltd. is a holding company. The Company is a global nutrition company that develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Companys products are often sold as part of a program. The Company categorizes its products into five groups: weight management, which includes meal replacement, protein shakes, drink mixes, weight loss enhancers and healthy snacks; targeted nutrition, dietary and nutritional supplements containing quality herbs, vitamins, minerals and other natural ingredients; energy, sports & fitness, consists of products that support a healthy active lifestyle; outer nutrition, consists of facial skin care, body care, and hair care products, and literature, promotional and other, includes Start-up kits, sales tools, and educational materials. As of December 31, 2014, the Company sold its products in 91 countries.

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