Juniper Networks June 15th Short Interest Update

Juniper Networks (NYSE:JNPR), A reduction of 1,562,329 shares or 15.3% was observed in the short interest of Juniper Networks Inc The interest on June 15,2016 came in at 8,633,099 shares and as per the average daily trading of 2,641,674 shares, the days to cover are 3. The reduced interest is 2.3% of the floated shares. The data of May 31,2016 put the interest at 10,195,428 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Juniper Networks (NYSE:JNPR): The stock opened at $23.19 on Friday but the bulls could not build on the opening and the stock topped out at $23.33 for the day. The stock traded down to $22.44 during the day, due to lack of any buying support eventually closed down at $22.45 with a loss of -6.61% for the day. The stock had closed at $24.04 on the previous day. The total traded volume was 5,230,330 shares.

The company shares have dropped -14.02% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $32.39 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $23.02 and the 200 Day Moving Average price is recorded at $24.71.

Juniper Networks (NYSE:JNPR) has tumbled 3.19% during the past week and has dropped 2.52% in the last 4 week period. The stocks have underperformed the S&P 500 by 1.58% during the past week but Juniper Networks (NYSE:JNPR) it has outperformed the index in 4 weeks by 0.43%.

Juniper Networks, Inc. designs, develops, and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in more than 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The Company sells its network products and service offerings across routing, switching and security. In addition to its products, the Company offers its customers worldwide services, including technical support, professional services, education and training programs. The Companys routing products include ACX Series, MX Series, M Series, PTX Series and T Series. Its switching products include EX Series and QFX Series. The Companys security products include SRX Series Services Gateways for the data center and SRX Series Gateways for the campus and branch. Its Junos Platform includes a range of products, such as Junos OS, Junos Space and Contrail.

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