Apptio Class A (NASDAQ:APTI) Has Decline in Shorts

October 13, 2017 - By Peter Erickson

 Apptio Class A (NASDAQ:APTI) Has Decline in Shorts

The stock of Apptio Class A (NASDAQ:APTI) registered a decrease of 30.21% in short interest. APTI’s total short interest was 565,900 shares in October as published by FINRA. Its down 30.21% from 810,900 shares, reported previously. With 184,200 shares average volume, it will take short sellers 3 days to cover their APTI’s short positions. The short interest to Apptio Class A’s float is 8.5%.

The stock decreased 1.40% or $0.26 during the last trading session, reaching $18.31. About 105,674 shares traded. Apptio Inc (NASDAQ:APTI) has 0.00% since October 13, 2016 and is . It has underperformed by 16.70% the S&P500.

Apptio, Inc. is a provider of technology business management solutions. The company has market cap of $731.59 million. The Company’s cloud platform and software as a service (SaaS) applications enable information technology (IT) leaders to analyze, optimize and plan technology investments, and benchmark the financial and operational performance against peers. It currently has negative earnings. It operates in the United States, the United Kingdom, Germany, Denmark, the Netherlands, Australia, Canada, France and Singapore.

More important recent Apptio Inc (NASDAQ:APTI) news were published by: Prnewswire.com which released: “Apptio Announces Results for the Second Quarter of 2017” on August 02, 2017, also Prnewswire.com published article titled: “Apptio, Inc. to Participate in Upcoming JP Morgan Global TMT Conference”, Seekingalpha.com published: “Apptio IPO Set Up To Fall At Lockup Expiration” on March 09, 2017. More interesting news about Apptio Inc (NASDAQ:APTI) was released by: Prnewswire.com and their article: “Apptio Announces Results for the Fiscal Fourth Quarter and Full Year of 2016” with publication date: February 09, 2017.

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