Zynga Inc (ZNGA)

[Trevor11]

ZNGA: SHORT INTEREST HAS DECREASED,THE,CONVICTION,OF,THE,BEARS,IS,WANING








THE SHORT OPEN INTEREST HAS DECREASED BY -8.1%, AMOUNTING TO A REDUCTION OF -1,692,166 SHARES.



SHORT INTEREST UPDATE ON ZYNGA (ZNGA)

LISA TYNAN AUGUST 25, 2016


Zynga (ZNGA) : THE CONVICTION OF THE BEARS IS WANING AS IS VISIBLE BY THE DROP IN THE SHORT POSITIONS from Jul 29, 2016, to August 15, 2016. The total OUTSTANDING SHORTS DECREASED FROM 20,971,613 TO 19,279,447 SHARES, with 1 days to go before the expiry.

THE SHORT OPEN INTEREST HAS DECREASED BY -8.1%, AMOUNTING TO A REDUCTION OF -1,692,166 SHARES. Only a handful of traders believe that the stock has a large downside from current levels, as seen in the low short interest of 2.7% of the float of the company. The average daily volume of the stock is 13,140,902 shares.

THE SHORT INTEREST INFORMATION WAS RELEASED ON WEDNESDAY AUG 24TH AFTER THE MARKET CLOSE....



Source;

http://www.tradecalls.org/2016/08/short-interest-update-on-zynga-znga-373397/