In trading on Friday, shares of Cavium crossed above their 200 day moving average of $36.00, changing hands as high as $36.05 per share. Cavium Inc shares are currently trading up about 1.3% on the day.
The most recent short interest data has been released by the NASDAQ for the 11/29/2013 settlement date, which shows a 431,274 share increase in total short interest for Cavium Inc , to 4,264,530, an increase of 11.25% since 11/15/2013. 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.
Investors in Cavium Inc saw new options become available this week, for the June 2014 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 241 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
The most recent short interest data has been released by the NASDAQ for the 08/30/2013 settlement date, which shows a 745,144 share increase in total short interest for Cavium Inc , to 4,781,084, an increase of 18.46% since 08/15/2013. 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.
And showing bullish technical patterns.
In trading on Wednesday, shares of Cavium Inc crossed above their 200 day moving average of $32.95, changing hands as high as $34.22 per share. Cavium Inc shares are currently trading up about 5% on the day.
Cavium (Nasdaq:CAVM) is trading at unusually high volume Friday with 1.9 million shares changing hands. It is currently at two times its average daily volume and trading down $2.46 (-6.8%).
Cavium (Nasdaq:CAVM) hit a new 52-week high Wednesday as it is currently trading at $38.61, above its previous 52-week high of $38.59 with 387,290 shares traded as of 1:01 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.
I am going to watch for some trading after the reports come in for these companies.
TheStreet Ratings group would like to highlight 5 stocks pushing the electronics industry lower today, Dec. 17, 2012.
Cavium Networks has been trading above a key level and on Monday the bulls stepped in.
Facebook, Clean Energy and Xilinx are among stocks showing big changes in trading activity.
Cavium was a winner within the technology sector, rising 50 cents (1.5%) to $34.42 on average volume.
Cavium was a leading decliner within the electronics industry, falling 54 cents (-1.7%) to $31.04 on average volume.
Cavium was a leading decliner within the technology sector, falling 16 cents (-0.6%) to $28.06 on average volume.
These 15 technology stocks could be particularly vulnerable to Europe's continuing economic woes.
Cavium (Nasdaq:CAVM) hit a new 52-week low Friday as it is currently trading at $22.76, below its previous 52-week low of $22.84 with 1.4 million shares traded as of 3:30 p.m. ET. Average volume has been 1.4 million shares over the past 30 days.
Cavium (Nasdaq:CAVM) hit a new 52-week low Thursday as it is currently trading at $24.03, below its previous 52-week low of $24.20 with 415,146 shares traded as of 10 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.
Cavium (Nasdaq:CAVM) is trading at unusually high volume Wednesday with 4.9 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $3.03 (-10.2%).
Lending to eurozone banks surged by 32% last week, renewing concern that the region will be unable to contain its debt crisis.