|Day Low/High||17.20 / 17.30|
|52 Wk Low/High||13.62 / 16.93|
The most recent short interest data has been released for the 05/15/2017 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Bearish names dominate this week and financials in particular.
The Federal Reserve is raising to $100 billion the amount of combined assets that would trigger a systemic risk review of proposed bank mergers.
PBCT could make higher highs after a correction.
TheStreet's Jim Cramer said there will still be a lot of deals in 2017 'no matter what' at The Deal Economy Event on Thursday.
There are bargains to be found among the regional banks, even after the run-up in financials, said TheStreet's Jim Cramer.
People's United (PBCT) reported results that topped analysts' expectations for the 2016 third quarter.
The most recent short interest data has been released for the 07/15/2016 settlement date, which shows a 9,837,329 share increase in total short interest for People's United Financial Inc , to 43,798,769, an increase of 28.97% since 06/30/2016. 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.
HEP SHLX PBCT are going ex-dividend tomorrow, Thursday, July 28, 2016
But I’m waiting for a pullback in the stock to start a position.
People's United Financial (PBCT) stock is increasing Friday morning after the company reported better-than-expected results for the second quarter after Thursday's closing bell.