Tableau Software (NYSE:DATA) has shown a rise of 1.5% or 79,317 shares in the short positions. The bets have increased to 5,227,319 shares on June 15,2016 from 5,148,002 shares on May 31,2016. With respect to the floated shares, the shorts are 9.8%. The days to cover are calculated to be 3, using the standard per day volume of 1,618,787 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Tableau Software (NYSE:DATA): The stock opened at $53.80 on Friday but the bulls could not build on the opening and the stock topped out at $53.84 for the day. The stock traded down to $50.31 during the day, due to lack of any buying support eventually closed down at $50.64 with a loss of -9.18% for the day. The stock had closed at $55.76 on the previous day. The total traded volume was 2,839,509 shares.
The company shares have dropped -55.50% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $131.34 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $51.67 and the 200 Day Moving Average price is recorded at $58.83.
Tableau Software (NYSE:DATA) has tumbled 6.46% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.88% in the last four weeks. The stocks have underperformed the S&P 500 by 4.91% during the past week but Tableau Software (NYSE:DATA) it has outperformed the index in 4 weeks by 3.93%.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.