Twitter (NYSE:TWTR) has shown a drop of 13.5% or 9,616,258 shares in the short positions. The bets have increased to 61,684,454 shares on June 15,2016 from 71,300,712 shares on May 31,2016. With respect to the floated shares, the shorts are 10.8%. The days to cover are calculated to be 3, using the standard per day volume of 23,526,604 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Twitter (NYSE:TWTR): The stock opened at $16.24 on Friday but the bulls could not build on the opening and the stock topped out at $16.90 for the day. The stock traded down to $16.20 during the day, due to lack of any buying support eventually closed down at $16.44 with a loss of -3.52% for the day. The stock had closed at $17.04 on the previous day. The total traded volume was 31,560,052 shares.
The company shares have dropped -51.94% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $38.82 and the one year low was seen on May 24, 2016. The 50-Day Moving Average price is $14.98 and the 200 Day Moving Average price is recorded at $17.41.
Twitter (NYSE:TWTR) has climbed 2.11% in the past week and advanced 8.87% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.81% and the outperformance has advanced to 12.17% for the last 4 weeks period.
Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products, which enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools, public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform, syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.