Short Interest Runner: It Seems Dell Technologies Incorporated (NYSE:DVMT) Will Go Up. Just Reported Less Shorted Shares

December 1, 2016 - By Winifred Garcia   ·   0 Comments

Short Interest Runner: It Seems Dell Technologies Incorporated (NYSE:DVMT) Will Go Up. Just Reported Less Shorted Shares

The stock of Dell Technologies Incorporated (NYSE:DVMT) registered a decrease of 1.96% in short interest. DVMT’s total short interest was 1.60 million shares in December as published by FINRA. Its down 1.96% from 1.64M shares, reported previously. With 2.24M shares average volume, it will take short sellers 1 days to cover their DVMT’s short positions. The short interest to Dell Technologies Incorporated’s float is 1.4%. About 1.61 million shares traded hands. Dell Technologies Inc (NYSE:DVMT) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.

Dell Technologies Inc., formerly Denali Holding Inc., is a well-known provider of information technology solutions. The company has a market cap of $11.66 billion. The Firm focuses on providing end-to-end technology solutions. It currently has negative earnings. The Firm operates through three divisions: Client Solutions, Enterprise Solutions Group (ESG), and Dell Software Group (DSG).

DVMT Company Profile

Dell Technologies Inc., formerly Denali Holding Inc., is a well-known provider of information technology (IT) solutions. The Firm focuses on providing end-to-end technology solutions. The Firm operates through three divisions: Client Solutions, Enterprise Solutions Group (ESG), and Dell Software Group (DSG). The Client Solutions segment includes sales to commercial and consumer clients of desktops, thin client products, notebooks, as well as services and third-party software and peripherals tied to the sale of Client Solutions hardware. The ESG segment includes servers, networking and storage, as well as services and third-party software and peripherals that are tied to the sale of ESG hardware. The DSG segment includes systems management, security software solutions and information management software offerings. The Company’s subsidiaries include Dell Inc., Universal Acquisition Co. and EMC Corporation.

More recent Dell Technologies Inc (NYSE:DVMT) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on September 07, 2016. Also Fortune.com published the news titled: “Meet Michael Dell’s New Tech Behemoth” on September 07, 2016. Fortune.com‘s news article titled: “Here’s How Dell Technologies Will Contend With Amazon in Cloud” with publication date: September 08, 2016 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Winifred Garcia


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>