CyrusOne Inc June 15th Short Interest Update

CyrusOne Inc (NASDAQ:CONE) reported a rise of 7.2% or 302,047 shares in its short interest. The short figure came in at 6.1% of the total floats. The average daily volume of 955,887 shares suggests that the days to cover 4,527,272 short positions, as on June 15,2016, will be 5. On May 31,2016, the short interest was 4,225,225 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

CyrusOne Inc (NASDAQ:CONE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $50.60 and $50.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.08, notching a gain of 0.42% for the day. The total traded volume was 8,558,409 . The stock had closed at $51.86 on the previous day.

The company shares have rallied 78.23% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $53.63 and the one year low was seen on Jun 30, 2015. The 50-Day Moving Average price is $50.29 and the 200 Day Moving Average price is recorded at $42.17.

CyrusOne Inc (NASDAQ:CONE) has climbed 1.11% in the past week and advanced 4.58% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.78% and the outperformance has advanced to 7.74% for the last 4 weeks period.

CyrusOne Inc. (CyrusOne) is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Companys data centers are purpose-built facilities, which have access to a range of telecommunications carriers. It provides mission-critical data center facilities that protect the information technology (IT) infrastructure for its clients. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond. As of July 1, 2015, the Company had approximately 900 customers. As of July 1, 2015, the Companys property portfolio included 31 data centers across 12 markets in 10 cities in the United States, London and Singapore. The Companys facilities cover approximately 500,000 gross square feet of space, including over 130,000 colocation square feet and around 100,000 square feet of work area recovery space.

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