|Day Low/High||15.76 / 15.95|
|52 Wk Low/High||8.50 / 17.11|
Volatility around company results can create opportunities to take positions in quality, small-cap stocks such as these.
But the cycle will soon turn, so keep an eye on these 6 stocks.
The most recent short interest data has been released for the 05/31/2016 settlement date, which shows a 660,015 share increase in total short interest for MRC Global Inc , to 6,910,063, an increase of 10.56% since 05/13/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Investors in MRC Global Inc saw new options become available this week, for the May 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MRC options chain for the new May 20th contracts and identified one put and one call contract of particular interest.
Trade-Ideas LLC identified MRC Global (MRC) as a "perilous reversal" (up big yesterday but down big today) candidate
MRC Global (MRC) stock is jumping on Tuesday afternoon following the release of its 2015 fourth quarter earnings after yesterday’s market close.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: CAG, CCBG, CREE, ESRT, MLNX, MPX, PDCO, TMUS, VSAT, WMT Downgrades: BKU, FFIN, INSY, IPXL, LM, MGLN, MRC, THC Initiations: ONDK, VLRS Read on to get TheStreet Quant Ratings' detailed report:
Trade-Ideas LLC identified MRC Global (MRC) as a strong on high relative volume candidate
The most recent short interest data has been released by the NASDAQ for the 01/29/2016 settlement date, which shows a 2,808,965 share decrease in total short interest for MRC Global Inc , to 5,749,648, a decrease of 32.82% since 01/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Reduces exposure to upstream drilling volatility
Investors eyeing a purchase of MRC Global Inc shares, but cautious about paying the going market price of $9.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $7.50 strike, which has a bid at the time of this writing of 60 cents.
In trading on Friday, shares of MRC Global Inc touched a new 52-week low of $10.02/share. That's a $7.60 share price drop, or -43.13% decline from the 52-week high of $17.62 set back on 05/04/2015.