Workday June 15th Short Interest Update

Workday (NYSE:WDAY) reported a drop of 4.1% or 699,483 shares in its short interest. The short figure came in at 14.1% of the total floats. The average daily volume of 2,186,551 shares suggests that the days to cover 16,324,702 short positions, as on June 15,2016, will be 7. On May 31,2016, the short interest was 17,024,185 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Workday (NYSE:WDAY): The stock opened at $76.88 on Friday but the bulls could not build on the opening and the stock topped out at $78.00 for the day. The stock traded down to $73.39 during the day, due to lack of any buying support eventually closed down at $74.03 with a loss of -7.84% for the day. The stock had closed at $80.33 on the previous day. The total traded volume was 4,259,842 shares.

The company shares have dropped -2.99% from its 1 Year high price. On Nov 19, 2015, the shares registered one year high at $85.67 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $76.54 and the 200 Day Moving Average price is recorded at $72.40.

Workday (NYSE:WDAY) has tumbled 5.81% during the past week and has dropped 2.63% in the last 4 week period. The stocks have underperformed the S&P 500 by 4.25% during the past week but Workday (NYSE:WDAY) it has outperformed the index in 4 weeks by 0.32%.

Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for a range of companies, educational institutions and government agencies. The Companys applications include Workday Financial Management, Workday Human Capital Management (Workday HCM) and Workday Insight Applications. Workday Financial Management is a unified application built on a single, global core with a range of financial capabilities, relevant analytics and metrics, and an auditable process management built to help manage financial processes for global organizations. Workday HCM enables an organization to staff, pay, organize, and develop its global workforce. Workday Insight Applications is a suite of applications that leverage advanced data science and machine learning methodologies to help customers make financial and workforce decisions.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.