Norwegian Cruise Line Holdings Ltd. (NCLH): Price Target and June Short Interest Disclosure

Norwegian Cruise Line Holdings Ltd. (NCLH) : The highest level Norwegian Cruise Line Holdings Ltd. (NCLH) is projected to reach is $72 for the short term and the lowest estimate is at $35. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $63.88 and the possibility the share price can swing is $12.35.

Norwegian Cruise Line Holdings Ltd. (NCLH), According to the latest information the short interest in Norwegian Cruise Line Holdings Ltd. – Ordinary Shares shot up by 4.8% or 486,352 shares. The final shorts are 6.8% of the total floated shares. The positions increased from 10,123,067 shares on June 15,2016 to 10,609,419 on June 30,2016. According to the per-day average trading of 2,469,853 shares, the days to cover are 4. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Sterne Agee CRT initiates coverage on Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH). Sterne Agee CRT has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $60 per share. The rating by the firm was issued on June 7, 2016.


Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH): On Thursdays trading session , Opening price of the stock was $44.37 with an intraday high of $44.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $42.75. However, the stock managed to close at $42.77, a loss of 2.75% for the day. On the previous day, the stock had closed at $43.98. The total traded volume of the day was 3,038,990 shares.

Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The Company operates cruise lines under the Norwegian, Oceania and Regent brands. Norwegian offers cruises ranging in length from one day to three weeks. Each of Norwegians 13 ships has been built to consistently deliver the Freestyle Cruising product offering. Freestyle Cruising offers flexibility and choice to its guests who prefer to dine when they want, with whomever they want and without having to dress formally. Oceania operates a fleet of five mid-size ships in the upper-premium cruise segment offering personalized service and elegant accommodations. Regent offers a luxury all-inclusive cruise vacation experience, including free air transportation, a pre-cruise hotel night stay, wines and liquors, gratuities and unlimited shore excursions.

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