Short Interest Worth Mentioning: A Reversal for Twitter Incorporated (NYSE:TWTR) Is Not Near. The Stock Has Rise in Shorts

November 18, 2016 - By Peter Erickson   ·   0 Comments

Short Interest Worth Mentioning: A Reversal for Twitter Incorporated (NYSE:TWTR) Is Not Near. The Stock Has Rise in Shorts

The stock of Twitter Incorporated (NYSE:TWTR) registered an increase of 8.42% in short interest. TWTR’s total short interest was 55.48M shares in November as published by FINRA. Its up 8.42% from 51.17M shares, reported previously. With 25.14M shares average volume, it will take short sellers 2 days to cover their TWTR’s short positions. The short interest to Twitter Incorporated’s float is 9.43%. About 2.67M shares traded hands. Twitter Inc (NYSE:TWTR) has risen 7.16% since April 18, 2016 and is uptrending. It has outperformed by 2.73% the S&P500.

Twitter, Inc. offers products and services for users, advertisers, developers and platform and data partners. The company has a market cap of $13.06 billion. The Company’s service is live-live commentary, live connections, live conversations. It currently has negative earnings. The Company’s services and products for users include Twitter, and Periscope and Vine.

Insitutional Activity: The institutional sentiment decreased to 0.98 in Q2 2016. Its down 0.39, from 1.37 in 2016Q1. The ratio is negative, as 56 funds sold all Twitter Inc shares owned while 115 reduced positions. 60 funds bought stakes while 175 increased positions. They now own 288.28 million shares or 2.13% less from 294.57 million shares in 2016Q1.
First Republic Investment holds 240,688 shares or 0.04% of its portfolio. Moreover, Teachers Advsr Inc has 0.02% invested in Twitter Inc (NYSE:TWTR) for 537,819 shares. Blackrock Gp holds 3.43 million shares or 0.03% of its portfolio. Global X Co Ltd Co has 0.29% invested in the company for 338,518 shares. New York State Common Retirement Fund accumulated 1.38M shares or 0.03% of the stock. Moreover, Next Gru has 0.06% invested in Twitter Inc (NYSE:TWTR) for 11,704 shares. Glenmede Trust Na holds 0% of its portfolio in Twitter Inc (NYSE:TWTR) for 1,130 shares. Of Vermont accumulated 1,091 shares or 0% of the stock. Spot Trading Ltd Llc accumulated 0.04% or 134,769 shares. Paragon Cap Mngmt Limited holds 0.22% of its portfolio in Twitter Inc (NYSE:TWTR) for 23,443 shares. Peak6 Lp has 0.07% invested in the company for 519,125 shares. Narwhal Cap Management last reported 0.1% of its portfolio in the stock. New Jersey Better Educational Savings accumulated 25,000 shares or 0.28% of the stock. Engineers Gate Manager Lp has invested 0.02% of its portfolio in Twitter Inc (NYSE:TWTR). Private Advisor Ltd Liability Corporation holds 0.03% or 47,573 shares in its portfolio.

Twitter Inc (NYSE:TWTR) Ratings Coverage

Out of 43 analysts covering Twitter (NYSE:TWTR), 9 rate it a “Buy”, 10 “Sell”, while 24 “Hold”. This means 21% are positive. Twitter has been the topic of 119 analyst reports since July 23, 2015 according to StockzIntelligence Inc. On Tuesday, May 24 the stock rating was downgraded by Moffett Nathanson to “Sell”. The stock of Twitter Inc (NYSE:TWTR) earned “Buy” rating by SunTrust on Wednesday, April 27. The company was maintained on Wednesday, April 27 by Deutsche Bank. RBC Capital Markets downgraded Twitter Inc (NYSE:TWTR) rating on Friday, September 23. RBC Capital Markets has “Underperform” rating and $14 price target. Mizuho downgraded Twitter Inc (NYSE:TWTR) rating on Wednesday, September 28. Mizuho has “Underperform” rating and $15 price target. Axiom Capital upgraded it to “Buy” rating and $37 target price in Monday, October 5 report. The stock of Twitter Inc (NYSE:TWTR) has “Hold” rating given on Friday, October 28 by Canaccord Genuity. UBS maintained Twitter Inc (NYSE:TWTR) rating on Wednesday, July 27. UBS has “Buy” rating and $22 price target. As per Tuesday, October 11, the company rating was upgraded by Evercore. The company was maintained on Monday, September 21 by SunTrust.

TWTR Company Profile

Twitter, Inc. (Twitter), incorporated on April 19, 2007, offers services and products for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations.

More notable recent Twitter Inc (NYSE:TWTR) news were published by: Fool.com which released: “Twitter, Inc. Stays Tight-Lipped on Acquisition Reports” on November 15, 2016, also Fool.com with their article: “Twitter Inc.’s COO Is Leaving” published on November 11, 2016, Investorplace.com published: “3 Reasons Why Twitter Inc (TWTR) Stock Is a Lost Cause” on November 16, 2016. More interesting news about Twitter Inc (NYSE:TWTR) were released by: Fool.com and their article: “A Tale of Two Earnings: Twitter, Inc. and Amazon.com” published on November 08, 2016 as well as Investorplace.com‘s news article titled: “Twitter Inc (TWTR) Stock Needs a LOT More Than Activist Aid” with publication date: November 14, 2016.

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By Peter Erickson

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