Is Buying Xperi Corporation (NASDAQ:XPER), Having Lower Short Interest a Winning Strategy?

June 15, 2018 - By Nellie Frank

The stock of Xperi Corporation (NASDAQ:XPER) registered a decrease of 3.53% in short interest. XPER’s total short interest was 4.30M shares in June as published by FINRA. Its down 3.53% from 4.46 million shares, reported previously. With 207,600 shares average volume, it will take short sellers 21 days to cover their XPER’s short positions. The short interest to Xperi Corporation’s float is 8.89%.

The stock decreased 0.27% or $0.05 during the last trading session, reaching $18.45. About 442,912 shares traded or 13.98% up from the average. Xperi Corporation (NASDAQ:XPER) has declined 36.02% since June 15, 2017 and is downtrending. It has underperformed by 48.59% the S&P500.

Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, computational imaging, computer vision and semiconductor packaging, and interconnect technologies worldwide. The company has market cap of $904.62 million. The firm operates through two divisions, Product Licensing; and Semiconductor and IP Licensing. It currently has negative earnings. The Product Licensing segment licenses technologies related to audio, digital radio, and imaging solutions under the DTS, HD Radio, and FotoNation brands.

Another recent and important Xperi Corporation (NASDAQ:XPER) news was published by which published an article titled: “Xperi Announces DTS Sound Integration in Alibaba TmallGenie C1 Smart Speaker” on May 30, 2018.

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