National Instruments Corporation June 15th Short Interest Update

National Instruments Corporation (NASDAQ:NATI) encountered a rise of 2.7% or 98,444 shares in the short positions. The number escalated from 3,696,991 on May 31,2016 to 3,795,435 on June 15,2016. The final interest is 3.3% of the floated stock. The days to cover figure of 9 can be arrived using the average daily exchange of 400,866 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

National Instruments Corporation (NASDAQ:NATI): The stock opened at $27.27 on Friday but the bulls could not build on the opening and the stock topped out at $27.55 for the day. The stock traded down to $27.10 during the day, due to lack of any buying support eventually closed down at $27.31 with a loss of -3.40% for the day. The stock had closed at $28.27 on the previous day. The total traded volume was 2,073,964 shares.

The company shares have dropped -7.83% from its 1 Year high price. On Dec 3, 2015, the shares registered one year high at $31.71 and the one year low was seen on May 17, 2016. The 50-Day Moving Average price is $27.84 and the 200 Day Moving Average price is recorded at $28.45.

National Instruments Corporation (NASDAQ:NATI) has tumbled 1.41% during the past week and has dropped 4.31% in the last 4 week period. The company has outperformed the S&P 500 by 0.23% in the past week but underperformed the index by 1.41% in the last 4 weeks.

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides a software and hardware platform for the development of systems needing measurement and control. The Company offers a line of measurement, automation and control products to work either separately, as stand-alone products or as an integrated system or as an integrated system. The Company offers volume licensing. The Company offers products, technology and services, which include system design software, programming tools, application software, hardware products and related driver software, NI education platform, software products for teaching and hardware products for teaching. The Company also offers NI Services, including hardware services and maintenance, software maintenance services and training and certification.

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