Tyler Technologies June 15th Short Interest Update

Tyler Technologies (NYSE:TYL) has witnessed a rise of 5.5% or 166,032 shares in its short figure. The short interest augmentation took it from 3,023,106 on May 31,2016 to 3,189,138 on June 15,2016. In terms of floated shares, the short interest was calculated to be 9.7%. The days to cover are 13 given that the daily volume averaged 252,463 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Tyler Technologies (NYSE:TYL): The stock opened at $152.00 on Friday but the bulls could not build on the opening and the stock topped out at $155.46 for the day. The stock traded down to $150.25 during the day, due to lack of any buying support eventually closed down at $153.56 with a loss of -2.48% for the day. The stock had closed at $157.46 on the previous day. The total traded volume was 2,987,747 shares.

The company shares have rallied 20.06% from its 1 Year high price. On Dec 29, 2015, the shares registered one year high at $184.01 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $152.09 and the 200 Day Moving Average price is recorded at $147.01.

Tyler Technologies (NYSE:TYL) has climbed 2.01% in the past week and advanced 1.23% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.71% and the outperformance has advanced to 4.29% for the last 4 weeks period.

Tyler Technologies, Inc. (Tyler) is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company provides professional information technology (IT) services to its clients. The Company operates through two segments: The Enterprise Software Solutions segment, which provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, planning regulatory and maintenance, and land and vital records management, and The Appraisal and Tax Software Solutions and Services segment, which provides systems and software that automate the appraisal and assessment of real and personal property, as well as property appraisal outsourcing services for local governments and taxing authorities.

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