Vmware June 15th Short Interest Update

Vmware (NYSE:VMW), According to the latest information the short interest in Vmware Inc. shot up by 2.4% or 472,191 shares. The final shorts are 27.1% of the total floated shares. The positions increased from 19,971,626 shares on May 31,2016 to 20,443,817 on June 15,2016. According to the per-day average trading of 2,289,045 shares, the days to cover are 9. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Vmware (NYSE:VMW): The stock opened at $60.31 on Friday but the bulls could not build on the opening and the stock topped out at $60.72 for the day. The stock traded down to $58.53 during the day, due to lack of any buying support eventually closed down at $58.54 with a loss of -5.81% for the day. The stock had closed at $62.15 on the previous day. The total traded volume was 3,233,598 shares.

The company shares have dropped -31.81% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $93.43 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $60.23 and the 200 Day Moving Average price is recorded at $54.09.

Vmware (NYSE:VMW) has tumbled 2.87% during the past week and has dropped 1.83% in the last 4 week period. The stocks have underperformed the S&P 500 by 1.26% during the past week but Vmware (NYSE:VMW) it has outperformed the index in 4 weeks by 1.14%.

VMware, Inc. is a provider of virtualization infrastructure solutions. The Company develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC). The Companys SDDC is designed to transform the data center into an on-demand service that addresses application requirements by abstracting, pooling and automating the services that are required from the underlying hardware. The hybrid cloud computing enables customers to utilize off-premise vSphere-based hybrid cloud computing capacity. End-user computing enables information technology (IT) organizations to deliver secure access to data, applications and devices to end users.

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