ZAGG Inc (ZAGG): Price Target and June Short Interest Disclosure

ZAGG Inc (ZAGG) : 5 Wall Street analysts covering ZAGG Inc (ZAGG) believe that the average level the stock could reach for the short term is $10.5. The maximum price target given is $15 and the minimum target for short term is around $5, hence the standard deviation is calculated at $3.71.

The short interest in ZAGG Inc (ZAGG) has declined from 2,115,141 on June 15,2016 to 1,996,538 on June 30,2016. The change was measured at 118,603 shares or 5.6%. The leftover shorts were 7.6% of the floated shares. The days to cover are 3, given the average daily volume of 674,311 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


ZAGG Inc (NASDAQ:ZAGG): stock turned positive on Thursday. Though the stock opened at $6.04, the bulls momentum made the stock top out at $6.51 level for the day. The stock recorded a low of $5.79 and closed the trading day at $6.17, in the green by 5.29%. The total traded volume for the day was 2,258,787. The stock had closed at $5.86 in the previous days trading.

Zagg Inc. (Zagg) designs, produces and distributes product solutions. The Company offers screen protection, keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands. In addition, the Company designs, produces, and distributes earbuds, headphones, mobile power solutions, Bluetooth speakers, cases and cables for mobile devices under the iFrogz brand in the fashion and youth oriented lifestyle sector. The Company designs product solutions for users of mobile devices, and sells these products to consumers through global distribution partners and online. The Company offers products for market segments of handheld electronic devices, including smartphones, tablets, MP3 players, notebook computers, laptops, gaming devices, Global Positioning System (GPS) devices, watch faces, and similar devices and surfaces.

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