USA Technologies (NASDAQ:USAT), According to the latest information the short interest in USA Technologies, Inc. shot up by 4.3% or 111,978 shares. The final shorts are 7.7% of the total floated shares. The positions increased from 2,617,794 shares on May 31,2016 to 2,729,772 on June 15,2016. According to the per-day average trading of 209,784 shares, the days to cover are 13. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
USA Technologies (NASDAQ:USAT): The stock opened at $3.87 on Friday but the bulls could not build on the opening and the stock topped out at $4.08 for the day. The stock traded down to $3.85 during the day, due to lack of any buying support eventually closed down at $3.90 with a loss of -5.11% for the day. The stock had closed at $4.11 on the previous day. The total traded volume was 3,484,997 shares.
The company shares have rallied 47.17% from its 1 Year high price. On May 4, 2016, the shares registered one year high at $4.73 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $4.23 and the 200 Day Moving Average price is recorded at $3.84.
USA Technologies (NASDAQ:USAT) has tumbled 0.26% during the past week and has dropped 11.16% in the last 4 week period. The company has outperformed the S&P 500 by 1.4% in the past week but underperformed the index by 8.47% in the last 4 weeks.
