MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Short Interest In Alliance Data Systems Increases 24%
Monday, August 27, 10:40 AM ET, by Market News Video Staff

The most recent short interest data has been released for the 08/15/2018 settlement date, which ...

TechnipFMC Now #380 Largest Company, Surpassing Alliance Data Systems
Friday, September 7, 4:38 PM ET, by Market News Video Staff

In the latest look at the underlying components of the S&P 500 ordered by largest ...

Entergy Becomes #63 Most Shorted S&P 500 Component, Replacing Alliance Data Systems
Thursday, September 13, 3:14 PM ET, by Market News Video Staff

The most recent short interest data has been released for the 08/31/2018 settlement date, and ...

Analysts Predict 10% Upside For IVE
Wednesday, September 26, 7:13 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

First Week of November 16th Options Trading For Alliance Data Systems (ADS)
Thursday, September 27, 10:32 AM ET, by Market News Video Staff

Investors in Alliance Data Systems Corp. (ADS) saw new options become available this week, for ...

Short Interest In Alliance Data Systems Increases 24%

By Market News Video Staff, Monday, August 27, 10:40 AM ET
Play Video: The Importance of ETFs


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

The most recent short interest data has been released for the 08/15/2018 settlement date, which shows a 419,642 share increase in total short interest for Alliance Data Systems Corp. (NYSE:ADS), to 2,162,139, an increase of 24.08% since 07/31/2018. 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. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days (at the average volume) it would take to close out all of the open short positions if every share traded represented a short position being closed. Average daily volume for ADS at the 08/15/2018 settlement decreased to 297,523, as compared to 680,691 at the 07/31/2018 report. That brought "days to cover" up to 7.27, a 183.88% increase from the 2.56 days to cover calculated at the previous short interest data release.

The below chart shows the historical "days to cover" for ADS at previous short interest release dates:

An increased "days to cover" value could indicate that short sellers are using the stock to hedge a long bet elsewhere, or could also mean that short sellers believe the stock will decline in price. When short sellers eventually cover their positions, by definition there must be buying activity because a share that is currently sold short must be purchased to be covered. So investors tend to keep an eye on that "days to cover" metric, because a high value could predict a sharper price increase should the company put out some unexpectedly good news short sellers might then rush to cover their positions, and if the "days to cover" number is high, it would then be more difficult to close those positions without sending the stock higher (until the higher price produces enough sellers to generate the necessary volume the short sellers need to close their positions).

The chart below shows the one year performance of ADS shares, versus its 200 day moving average. Looking at this chart, ADS's low point in its 52 week range is $192.02 per share, with $278.33 as the 52 week high point that compares with a last trade of $239.04.

Alliance Data Systems Corp. Chart


This Article's Word Cloud:   Alliance   Arial   Average   Channel   Corp   Data   Dividend   Looking   NYSE   average   because   below   chart   close   compared   could   cover   daily   data   days   fillColor   high   higher   increase   interest   metric   must   number   point   positions   previous   price   release   sellers   settlement   share   shares   short   shows   stock   that   their   then   total   traded   value   volume   week   with   would
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Chart Zero Stock Market Game Stock Market Definitions
MNV

Short Interest In Alliance Data Systems Increases 24% | Market News Video | Copyright © 2008 - 2019, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.