Teradata Corporation (NYSE:TDC) has seen a shortfall of 903,110 shares or 4.2% in the short interest. The remaining shorts are 16% of the total floated shares. The net short interest, as on June 15,2016, stood at 20,562,553 shares and the stocks days to cover will be 13 by factoring in the average per day volume of 1,547,172 shares. On May 31,2016, 21,465,663 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Teradata Corporation (NYSE:TDC): The stock opened at $27.31 on Friday but the bulls could not build on the opening and the stock topped out at $27.35 for the day. The stock traded down to $26.05 during the day, due to lack of any buying support eventually closed down at $26.08 with a loss of -8.68% for the day. The stock had closed at $28.56 on the previous day. The total traded volume was 3,543,427 shares.
The company shares have dropped -29.42% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $37.53 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $27.56 and the 200 Day Moving Average price is recorded at $25.87.
Teradata Corporation (NYSE:TDC) has tumbled 5.75% during the past week and has dropped 6.66% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.18%. Teradata Corporation (NYSE:TDC) has underperformed the index by 3.83% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Companys analytic data platforms consist of software, hardware, and related business consulting and support services for data warehousing, and big data analytics. The Company operates in two segments: data and analytics, and marketing applications. The Companys software and hardware products include Teradata Database Software, Teradata Workload-Specific Platforms, Teradata Aster Discovery Platform, Teradata Portfolio for Hadoop, Teradata QueryGrid and Teradata Marketing Applications. Its service offerings include Teradata Business Consulting Services, Teradata Technology and Implementation Services, Teradata Cloud Services, Teradata Managed Services, Teradata Marketing Services, Teradata Customer Support Services and Training Services.