|Bid||134.71 x 3000|
|Ask||134.73 x 2100|
|Day's Range||134.14 - 135.02|
|52 Week Range||114.88 - 144.25|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
The short interest in Flotek Industries, as a percentage of its float, was 23% as of August 10, 2017—marginally higher compared to 22.8% as of June 30.
U.S. stocks closed moderately lower last week, which on the charts resulted in some key initial moving averages being violated. It’s the dead of summer on Wall Street and despite turbulence in Washington, the broader stock market is holding up and trading in a choppy sideways move. Take a step back from this choppy tape for the time being, for it is better to miss an opportunity than to have to dig yourself out of a string of unnecessary losses in a low probability and choppy stock market environment.
This time, it was nationalist firebrand Steve Bannon. Rumors of his departure at mid-day drove a surge of buying interest before confirmation of the departure drove concerns Trump’s foreign policy could now take a more aggressive turn (Bannon was a strong supporter of non-interventionism). In the end, the Dow Jones Industrial Average lost 0.4%, the S&P 500 lost 0.2%, the Nasdaq Composite lost 0.1% and the Russell 2000 lost 0.1%.