Twilio Inc Class A (NYSE:TWLO) Shorted Shares Increased 7.03% After Market Selling

March 14, 2018 - By Vivian Currie

 Twilio Inc Class A (NYSE:TWLO) Shorted Shares Increased 7.03% After Market Selling

The stock of Twilio Inc Class A (NYSE:TWLO) registered an increase of 7.03% in short interest. TWLO’s total short interest was 13.94M shares in March as published by FINRA. Its up 7.03% from 13.03 million shares, reported previously. With 1.15 million shares average volume, it will take short sellers 12 days to cover their TWLO’s short positions. The short interest to Twilio Inc Class A’s float is 21%.

The stock increased 2.68% or $1.06 during the last trading session, reaching $40.63. About 1.00 million shares traded. Twilio Inc. (NYSE:TWLO) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% 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 $3.83 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.

Twilio Inc. (NYSE:TWLO) Ratings Coverage

Among 9 analysts covering Twilio (NYSE:TWLO), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Twilio had 16 analyst reports since August 25, 2016 according to SRatingsIntel. The stock has “Outperform” rating by JMP Securities on Friday, May 26. The firm has “Outperform” rating given on Monday, May 15 by JMP Securities. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, August 8 report. Pacific Crest upgraded the stock to “Overweight” rating in Thursday, January 5 report. The stock of Twilio Inc. (NYSE:TWLO) earned “Hold” rating by Argus Research on Thursday, August 25. The stock of Twilio Inc. (NYSE:TWLO) has “Sector Weight” rating given on Wednesday, May 3 by Pacific Crest. The company was upgraded on Friday, April 7 by JP Morgan. The rating was maintained by JP Morgan with “Outperform” on Friday, May 26. The stock of Twilio Inc. (NYSE:TWLO) earned “Buy” rating by Canaccord Genuity on Tuesday, January 10. Drexel Hamilton maintained the stock with “Buy” rating in Friday, May 26 report.

More notable recent Twilio Inc. (NYSE:TWLO) news were published by: which released: “Can Twilio Stock Keep Going After Last Week’s 11% Pop?” on March 06, 2018, also with their article: “Twilio Q4 Earnings Preview” published on February 13, 2018, published: “Is Twilio Inc. a Buy?” on March 14, 2018. More interesting news about Twilio Inc. (NYSE:TWLO) were released by: and their article: “Why Twilio Stock Popped 30% in February” published on March 05, 2018 as well as‘s news article titled: “Twilio, Inc. Is Putting the Uber Fiasco to Rest” with publication date: February 14, 2018.

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