Hewlett-Packard Company (HPQ): Price Target and June Short Interest Disclosure

Hewlett-Packard Company (HPQ) : The highest level Hewlett-Packard Company (HPQ) is projected to reach is $18 for the short term and the lowest estimate is at $12. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $14.5 and the possibility the share price can swing is $1.72.

Hewlett-Packard Company (HPQ) has witnessed a drop of 1.2% or 419,913 shares in its short figure. The short interest diminution took it from 34,088,547 on June 15,2016 to 33,668,634 on June 30,2016. In terms of floated shares, the short interest was calculated to be 2%. The days to cover are 2 given that the daily volume averaged 14,470,344 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Hewlett-Packard Company (NYSE:HPQ): On Thursdays trading session , Opening price of the stock was $13.89 with an intraday high of $13.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13.75. However, the stock managed to close at $13.8, a loss of 0.07% for the day. On the previous day, the stock had closed at $13.81. The total traded volume of the day was 9,378,251 shares.

HP INC, formerly Hewlett-Packard Company (HP), is a global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. The Company offers IT industrys broadest portfolios of products and services that bring infrastructure, software, and services through innovation to enable its customers to create value and solve business problems. The Company designs its solutions to provide foundation, in the areas of security, cloud, mobility and big data, by leveraging the breadth of its offerings and the strengths and capabilities of its individual business units. The Companys operations are organized into seven business segments: Personal Systems; Printing; the Enterprise Group (EG); Enterprise Services (ES); Software; HP Financial Services (HPFS), and Corporate Investments.

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