EMC Corp (NYSE:EMC) close to 52-week high, short interest decreasing
@EMC Corp (NYSE:EMC) stock is currently trading 5.14% below its 52-week-high, 20.43% above its 52-week-low. The 1-year stock price history is in the range of $22.66 – $28.77. #EMC Corp (EMC) has a price to earnings ratio of 26.55 versus Technology sector average of 24.21. EMC stock price has outperformed the S&P 500 by 6%. The Computers & Memory Devices company is currently valued at $53.3 billion, and its share price closed the last trading session at $27.29. The stock has a 50-day moving average of $27.63 and a 200-day moving average of $26.13.
EMC Corp (EMC) current short interest stands at 15.49 million shares. It has decreased by 6% from the same period of last month. Around 15% of the company’s shares, which are float, are short sold. With a 10-days average volume of 11.65 million shares, the number of days required to cover the short positions stand at 1.4 days.