Michael Kors

Michael Kors Holdings Limited (NYSE:KORS), According to the latest information the short interest in Michael Kors Holding Lmtd plummeted by 2% or 215,956 shares. The final shorts are 5.5% of the total floated shares. The positions dropped from 10,860,049 shares on April 30,2015 to 10,644,093 on May 15,2015. According to the per-day average trading of 2,084,565 shares, the days to cover are 5. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on May 27th.

Michael Kors Holdings Limited (NYSE:KORS) rose 1.57% or 0.72 points on Friday and made its way into the gainers of the day. After trading began at $46 the stock was seen hitting $46.69 as a peak level and $45.53 as the lowest level. The stock ended up at $46.5. The daily volume was measured at 12,539,963 shares. The 52-week high of the share price is $95.91 and the 52-week low is $45.53. The company has a market cap of $9,240 million.

Michael Kors Holdings Limited is a global lifestyle brand . The Company designs, materials and craftsmanship with a jet-set aesthetic that combines stylish elegance and a sporty attitude. The Company is an American sportswear house to a global accessories, footwear and apparel company with a presence in over 85 countries. Its segments include retail, wholesale and licensing. It is focused on retail stores, department stores, specialty stores and select licensing partners. As of March 30, 2013, its retail segment included 231 North American retail stores, including concessions, and 73 international retail stores, including concessions, in Europe and Japan. As of March 30, 2013, its wholesale segment included wholesale sales through approximately 2,215 department store and specialty store doors in North America and wholesale sales through approximately 1,034 department store and specialty store doors internationally.