TD Ameritrade Holding Corporation (AMTD): Price Target and June Short Interest Disclosure

TD Ameritrade Holding Corporation (AMTD) : Average target price received by TD Ameritrade Holding Corporation (AMTD) is $31.67 with an expected standard deviation of $2.18. The most aggressive target on the stock is $35, whereas the most downbeat target is $29. 9 financial analysts are currently covering the stock.

TD Ameritrade Holding Corporation (AMTD) stated loss of 42,492 shares or 0.5% in the short interest. The short interest registered from 8,031,361 on June 15,2016 to 7,988,869 on June 30,2016. In terms of floated shares, the shorted positions stood at 3.3%. The stock has been averaging 3,601,121 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, Brokerage firm Barclays maintains its rating on TD Ameritrade Holding Corporation (NYSE:AMTD). As per the latest information, the brokerage house lowers the price target to $30 per share from a prior target of $32. The shares have been rated Equalweight. The rating by the firm was issued on July 7, 2016.


TD Ameritrade Holding Corporation (NYSE:AMTD): stock turned positive on Thursday. Though the stock opened at $29.29, the bulls momentum made the stock top out at $29.5 level for the day. The stock recorded a low of $28.9 and closed the trading day at $29.13, in the green by 1.92%. The total traded volume for the day was 2,973,710. The stock had closed at $28.58 in the previous days trading.

TD Ameritrade Holding Corporation (TD Ameritrade) is an investment banking and a retail discount securities brokerage company. The parent company is Delaware Corporation. The Company provides securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company offers various products and services to its client, primarily, trading in common and preferred stocks, American Depository Receipts, closed-end funds, Exchange Traded Funds, Futures & Options, Foreign Exchange, Mutual Funds, Fixed Income securities, New and secondary issue securities, Margin lending, Cash Management Services and Annuities. The Companys client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.

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