Altaba Inc (NASDAQ:AABA) Sellers Increased By 19.2% Their Shorts

March 16, 2018 - By reb123z

 Altaba Inc (NASDAQ:AABA) Sellers Increased By 19.2% Their Shorts

The stock of Altaba Inc (NASDAQ:AABA) registered an increase of 19.2% in short interest. AABA’s total short interest was 28.31M shares in March as published by FINRA. Its up 19.2% from 23.75 million shares, reported previously. With 8.21 million shares average volume, it will take short sellers 3 days to cover their AABA’s short positions. The short interest to Altaba Inc’s float is 4.15%.

The stock decreased 0.09% or $0.07 during the last trading session, reaching $79.35. About 3.61 million shares traded. Altaba Inc. (NASDAQ:AABA) has 0.00% since March 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Altaba Inc. operates as a non-diversified, closed-end management investment firm in the United States. The company has market cap of $69.30 billion. The Company’s assets consist primarily of equity investments, short-term debt investments, and cash. It has a 2.65 P/E ratio. The firm was formerly known as Yahoo! Inc. and changed its name to Altaba Inc. in June 2017.

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