Five9 June 15th Short Interest Update

Five9 (NASDAQ:FIVN), According to the latest information the short interest in Five9, Inc. plummeted by 3.2% or 40,202 shares. The final shorts are 3.5% of the total floated shares. The positions dropped from 1,256,138 shares on May 31,2016 to 1,215,936 on June 15,2016. According to the per-day average trading of 807,530 shares, the days to cover are 2. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Five9 (NASDAQ:FIVN): The stock opened at $11.26 on Friday but the bulls could not build on the opening and the stock topped out at $11.67 for the day. The stock traded down to $11.10 during the day, due to lack of any buying support eventually closed down at $11.58 with a loss of -2.53% for the day. The stock had closed at $11.88 on the previous day. The total traded volume was 2,061,904 shares.

The company shares have rallied 129.76% from its 1 Year high price. On Jun 14, 2016, the shares registered one year high at $12.96 and the one year low was seen on Oct 1, 2015. The 50-Day Moving Average price is $10.81 and the 200 Day Moving Average price is recorded at $8.81.

Five9 (NASDAQ:FIVN) has tumbled 2.11% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 12.87% in the last four weeks. The stocks have underperformed the S&P 500 by 0.49% during the past week but Five9 (NASDAQ:FIVN) it has outperformed the index in 4 weeks by 16.28%.

Five9 Inc. (Five9) is a provider of cloud software for contact centers. The Companys purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales and marketing functions. The Company facilitates over three billion interactions between its 2,000 clients and clients customers per year. The Companys solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, email, Web, social media and mobile channels, either directly or through its application programming interface. The Companys VCC cloud platform matches each customer interaction with an appropriate agent resource and delivers relevant customer data to the agent in real-time through integrations with adjacent enterprise applications, such as customer relationship management (CRM) software.

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