2U Inc (NASDAQ:TWOU) Sellers Covered 5.55% of Their Shorts

March 14, 2018 - By Ellis Scott

 2U Inc (NASDAQ:TWOU) Sellers Covered 5.55% of Their Shorts

The stock of 2U Inc (NASDAQ:TWOU) registered a decrease of 5.55% in short interest. TWOU’s total short interest was 6.47M shares in March as published by FINRA. Its down 5.55% from 6.85M shares, reported previously. With 344,200 shares average volume, it will take short sellers 19 days to cover their TWOU’s short positions.

The stock increased 3.51% or $2.97 during the last trading session, reaching $87.69. About 422,741 shares traded or 5.37% up from the average. 2U, Inc. (NASDAQ:TWOU) has risen 55.92% since March 14, 2017 and is uptrending. It has outperformed by 39.22% the S&P500.

2U, Inc. provides cloud-based software-as-a-service solutions for nonprofit colleges and universities to deliver education to students. The company has market cap of $4.62 billion. The Company’s cloud SaaS platform solutions include online campus, an online learning platform that enables its clients to offer educational content together with instructor-led classes in a live, intimate, and engaging setting through proprietary Web and mobile applications. It currently has negative earnings. The company??s integrated back-end applications launch, operate, and support clients' programs, as well as provide clients with real-time data and analytical insight related to student performance and engagement, student satisfaction, and enrollment.

2U, Inc. (NASDAQ:TWOU) Ratings Coverage

Among 13 analysts covering 2U (NASDAQ:TWOU), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. 2U had 45 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of 2U, Inc. (NASDAQ:TWOU) has “Outperform” rating given on Tuesday, October 27 by Oppenheimer. Compass Point maintained the stock with “Buy” rating in Friday, August 7 report. BMO Capital Markets maintained 2U, Inc. (NASDAQ:TWOU) on Wednesday, November 8 with “Outperform” rating. The firm earned “Buy” rating on Tuesday, February 27 by Robert W. Baird. The stock of 2U, Inc. (NASDAQ:TWOU) has “Buy” rating given on Tuesday, August 8 by Oppenheimer. The firm earned “Buy” rating on Wednesday, January 17 by BMO Capital Markets. BMO Capital Markets maintained it with “Buy” rating and $5000 target in Monday, June 12 report. The company was initiated on Friday, July 15 by Needham. The rating was maintained by Barrington with “Buy” on Tuesday, February 27. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, February 27.

More notable recent 2U, Inc. (NASDAQ:TWOU) news were published by: Prnewswire.com which released: “2U, Inc. Reports Fourth Quarter and Full-Year 2017 Financial Results” on February 26, 2018, also Prnewswire.com with their article: “2U, Inc. Announces $390000 in Scholarships and Apprenticeships for Students in …” published on March 14, 2018, Seekingalpha.com published: “The Next Five Years For 2U” on February 12, 2018. More interesting news about 2U, Inc. (NASDAQ:TWOU) were released by: Streetinsider.com and their article: “2U, Inc. (TWOU) PT Raised to $90 at Needham & Company” published on February 27, 2018 as well as Prnewswire.com‘s news article titled: “Greg Peters, Chief Product Officer at Netflix, Joins 2U Board of Directors” with publication date: February 21, 2018.

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