Is Twilio Inc Class A (NYSE:TWLO) a Buy? The Stock Reported Less Sellers

June 13, 2018 - By Hazel Jackson

The stock of Twilio Inc Class A (NYSE:TWLO) registered a decrease of 23.34% in short interest. TWLO’s total short interest was 7.39 million shares in June as published by FINRA. Its down 23.34% from 9.64 million shares, reported previously. With 1.52M shares average volume, it will take short sellers 5 days to cover their TWLO’s short positions. The short interest to Twilio Inc Class A’s float is 11.13%.

The stock decreased 0.80% or $0.48 during the last trading session, reaching $59.49. About 339,926 shares traded. Twilio Inc. (NYSE:TWLO) has risen 113.00% since June 13, 2017 and is uptrending. It has outperformed by 100.43% the S&P500.

Twilio Inc. provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications through the cloud in the United States and internationally. The company has market cap of $5.70 billion. The companyÂ’s programmable communications cloud provides a range of products that enable developers to embed voice, messaging, video, and authentication capabilities into their applications through application programming interfaces. It currently has negative earnings. It also provides use case products, such as a two-factor authentication solution.

More recent Twilio Inc. (NYSE:TWLO) news were published by: Investorplace.com which released: “The 5 Hottest Small-Cap Stocks Of 2018” on June 08, 2018. Also Fool.com published the news titled: “Twilio’s Amazing Growth Story Is Just Getting Started” on June 08, 2018. Seekingalpha.com‘s news article titled: “Twilio: Developers’ Delight” with publication date: May 23, 2018 was also an interesting one.

Twilio Inc. (NYSE:TWLO) Ratings Chart

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