Herbalife (HLF) Short Interest Falls Further Through the End of February
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Price: $13.11 +0.92%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +4.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +4.0%
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Herbalife (NYSE: HLF) is lower Tuesday following an update to short positions on its common stock.
Short interest fell 3.5 percent from the middle through end of February to 32.43 million shares, or 31.97 percent of float. The data is in addition to a 1.72 percent drop seen from the end of January through the middle of last month, to 33.6 million shares.
Notably, Herbalife rose about 4 percent from the close on February 15th through the close on February 28th.
Ahead of the opening bell, Herbalife is indicated slightly lower. The stock closed down 0.58 percent Monday.
Short interest fell 3.5 percent from the middle through end of February to 32.43 million shares, or 31.97 percent of float. The data is in addition to a 1.72 percent drop seen from the end of January through the middle of last month, to 33.6 million shares.
Notably, Herbalife rose about 4 percent from the close on February 15th through the close on February 28th.
Ahead of the opening bell, Herbalife is indicated slightly lower. The stock closed down 0.58 percent Monday.
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