eBay (EBAY): Price Target and June Short Interest Disclosure

eBay (EBAY) : Currently there are 25 street experts covering eBay (EBAY) stock. The most bullish and bearish price target for the stock is $36 and $24 respectively for the short term. The average price target of all the analysts comes to $28.44. The estimated standard deviation from the target is $3.38.

eBay (EBAY) stated loss of 3,318,093 shares or 14.6% in the short interest. The short interest registered from 22,789,277 on June 15,2016 to 19,471,184 on June 30,2016. In terms of floated shares, the shorted positions stood at 1.8%. The stock has been averaging 11,767,637 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Maxim Group initiates coverage on eBay (NASDAQ:EBAY) In a research note issued to the investors, the brokerage major announces price-target of $36 per share.The shares have been rated Buy. The rating by the firm was issued on June 23, 2016.


eBay (NASDAQ:EBAY): stock turned positive on Thursday. Though the stock opened at $25.45, the bulls momentum made the stock top out at $26.26 level for the day. The stock recorded a low of $25.4 and closed the trading day at $26.08, in the green by 3.82%. The total traded volume for the day was 23,705,871. The stock had closed at $25.12 in the previous days trading.

eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs) to develop software and solutions for commerce. The Companys segments include Marketplaces and Payments. The Companys Marketplaces segment includes its ebay.com platform and its localized counterparts, as well as other online platforms, such as its online classifieds sites and StubHub. The Companys Payments segment consists of its PayPal business. Its classifieds Websites include alaMaula, BilBasen, dba.dk, eBay Classifieds (eBay Classifieds, eBay Kleinanzeigen and eBay Annunci), Gumtree, Kijiji, iBazar, 2dehands.be, 2ememain.be, LoQUo, Marktplaats.nl and mobile.de. It also offers trust and safety programs, including PayPals Seller Protection and Purchase Protection Programs, through its PayPal. It offers mobile applications for iPhone, iPad, Android and Windows mobile devices.

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