Short Interest Update on Citrix Systems (CTXS)

Citrix Systems (CTXS) : The short interest in Citrix Systems (CTXS) has changed with an increase of 494,771 shares and the open interest is 5.3%. From 9,277,110 short positions on Jul 29, 2016, the shorts increased to 9,771,881 shares by August 15, 2016. There are 6 more days left for the expiry and the daily trading volume of the stock is 1,629,248 shares. The total interest of shorts is 6.4% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Citrix Systems (NASDAQ:CTXS): The stock opened at $88.02 on Wednesday but the bulls could not build on the opening and the stock topped out at $88.57 for the day. The stock traded down to $87.59 during the day, due to lack of any buying support eventually closed down at $88.06 with a loss of -0.28% for the day. The stock had closed at $88.31 on the previous day. The total traded volume was 993,331 shares.


In a related news, The Securities and Exchange Commission has divulged that Sartorius Carlos, officer (SVP, Sales & Services) of Citrix Systems Inc, had unloaded 13,290 shares at an average price of $84.5 in a transaction dated on August 5, 2016. The total value of the transaction was worth $1,123,005.

Citrix Systems, Inc. provides virtualization, mobility management, networking and SaaS solutions to businesses. The Companys solutions offer secure, mobile workspaces that provide people with access to apps, desktops, data and communications on any device, over any network or cloud. It markets and licenses its products directly to customers. The Company operates through two segments: Enterprise and Service Provider division and the Mobility Apps division. Enterprise and Service Provider divisions Workspace services include mobile platforms, desktop and application virtualization, citrix workspace suite and delivery networking. Its Mobility Apps applications include communications cloud, documents cloud and workflow cloud. It also offers Professional Services and Technology products, which include Citrix HDX, FlexCast, Citrix personalization technologies, NetScaler Software Packet Engine, ByteMobile Adaptive Traffic Management System, XenMobile and Citrix Internet, among others.

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