Short Interest Update on Teradata Corporation (TDC)

Teradata Corporation (TDC) : 7 days before expiry, shorts in Teradata Corporation (TDC) have reduced from 17,609,931 on Jul 29, 2016, to 16,714,334 on August 15, 2016. On an average, 2,519,330 shares are traded on the exchange. The outstanding bearish positions are equal to 13% of the float. Short sellers have covered -895,597 shares, a reduction of -5.1%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Teradata Corporation (NYSE:TDC): The stock opened at $31.88 on Wednesday but the bulls could not build on the opening and the stock topped out at $32.24 for the day. The stock traded down to $31.49 during the day, due to lack of any buying support eventually closed down at $31.56 with a loss of -1.31% for the day. The stock had closed at $31.98 on the previous day. The total traded volume was 1,492,879 shares.


In a related news, The Securities and Exchange Commission has divulged that Cooper Nancy E, director of Teradata Corp /De/, had unloaded 1,840 shares at an average price of $31.06 in a transaction dated on August 4, 2016. The total value of the transaction was worth $57,150.

Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Companys analytic data platforms consist of software, hardware, and related business consulting and support services for data warehousing, and big data analytics. The Company operates in two segments: data and analytics, and marketing applications. The Companys software and hardware products include Teradata Database Software, Teradata Workload-Specific Platforms, Teradata Aster Discovery Platform, Teradata Portfolio for Hadoop, Teradata QueryGrid and Teradata Marketing Applications. Its service offerings include Teradata Business Consulting Services, Teradata Technology and Implementation Services, Teradata Cloud Services, Teradata Managed Services, Teradata Marketing Services, Teradata Customer Support Services and Training Services.

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