Guidewire Software June 15th Short Interest Update

Guidewire Software (NYSE:GWRE), A drop of 282,716 shares or 5.6% was seen in the short interest of Guideware Software Inc. Even as the interest dropped from 5,093,839 shares on May 31,2016 to 4,811,123 shares on June 15,2016, the days to cover came in at 8. The updated interest stood at 6.7% of the stocks floats. The stock has seen an average daily volume of 573,898 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Guidewire Software (NYSE:GWRE): The stock opened at $60.46 on Friday but the bulls could not build on the opening and the stock topped out at $60.80 for the day. The stock traded down to $59.24 during the day, due to lack of any buying support eventually closed down at $59.80 with a loss of -5.14% for the day. The stock had closed at $63.04 on the previous day. The total traded volume was 6,331,520 shares.

The company shares have rallied 13.00% from its 1 Year high price. On Dec 2, 2015, the shares registered one year high at $64.78 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $58.87 and the 200 Day Moving Average price is recorded at $55.45.

Guidewire Software (NYSE:GWRE) has climbed 0.98% in the past week and advanced 1.87% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.66% and the outperformance has advanced to 4.96% for the last 4 weeks period.

Guidewire Software, Inc. is a provider of software products for property and casualty (P&C) insurers. The Companys software serves as a technology platform for P&C insurance carriers. Its platform consists of three products: core transaction processing, data management and analytics, and digital engagement. The Company sells its products to a variety of insurance carriers ranging from global insurers to national carriers to regional carriers. Its core transaction processing includes Guidewire InsuranceSuite, Guidewire PolicyCenter, Guidewire ClaimCenter, Guidewire BillingCenter and InsuranceSuite Add-on Modules. InsuranceSuite Add-on Modules includes Guidewire Rating Management, Guidewire Reinsurance Management, Guidewire Client Data Management, Guidewire Standards-Based Templates and Guidewire London Market Messaging. Its data management and analytics includes Guidewire DataHub, Guidewire InfoCenter and Guidewire Live, and digital engagement includes Guidewire Digital Portals.

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