F5 Networks (FFIV) has 4,067,251 shares of shorts outstanding as on August 15, 2016, with 6 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 4,357,127 shares. The stock has a decent trading volume of 685,925 shares daily. The marginal decrease in the short positions is by -6.7%, which amounts to -289,876 shares. Short positions are 6.2% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.
F5 Networks (NASDAQ:FFIV): The stock opened at $125.14 on Wednesday but the bulls could not build on the opening and the stock topped out at $125.15 for the day. The stock traded down to $124.11 during the day, due to lack of any buying support eventually closed down at $124.39 with a loss of -0.42% for the day. The stock had closed at $124.91 on the previous day. The total traded volume was 330,636 shares.
In a related news,The director officer (President and CEO) of F5 Networks Inc, Mcadam John sold 7,169 shares at $126.11 on August 10, 2016. The Insider selling transaction had a total value worth of $904,083. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
F5 Networks, Inc. is the developer and provider of application delivery services. The Companys core technology is a full-proxy, programmable, software platform called TMOS (Traffic Management Operating System). It helps organizations seamlessly scale cloud, data center, and software-defined networking deployments to successfully deliver applications to anyone, anywhere, at any time. It works with many technology companies to improve manageability, strengthen security, and ensure faster and more successful deployments. Its applications include availability and delivery. It can remove the roadblocks in ones network to efficiently and securely deliver applications that are available to users when and where they need them. It can also accelerate ones application response time, minimize latency and delays, and reduce the number of data round trips necessary to complete a web request.