Time to Reconsider Twitter Inc (NYSE:TWTR) After More Short Sellers?

March 14, 2018 - By Maria Brooks

 Time to Reconsider Twitter Inc (NYSE:TWTR) After More Short Sellers?

Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.01, from 1.29 in 2017Q2. It dived, as 45 investors sold Twitter, Inc. shares while 110 reduced holdings. 68 funds opened positions while 131 raised stakes. 356.28 million shares or 3.26% more from 345.02 million shares in 2017Q2 were reported.
Botty Investors Ltd Liability stated it has 0% of its portfolio in Twitter, Inc. (NYSE:TWTR). Macquarie Gru Limited reported 7,500 shares or 0% of all its holdings. 300 were reported by Shine Inv Advisory. Aperio Grp Incorporated Limited Liability stated it has 0.01% in Twitter, Inc. (NYSE:TWTR). First Eagle Invest Management Lc invested in 0.01% or 162,000 shares. Cetera Advisors Ltd Liability Corp reported 14,726 shares stake. Apg Asset Mngmt Nv has invested 0.01% in Twitter, Inc. (NYSE:TWTR). Nordea Inv Management Ab owns 19,027 shares for 0% of their portfolio. State Of New Jersey Common Pension Fund D reported 0.04% of its portfolio in Twitter, Inc. (NYSE:TWTR). Northeast Fin Consultants invested 0.18% in Twitter, Inc. (NYSE:TWTR). Whittier owns 393 shares. Fukoku Mutual Life Ins Co invested in 0.01% or 5,600 shares. Winslow Evans & Crocker Inc has 0.01% invested in Twitter, Inc. (NYSE:TWTR) for 1,300 shares. Edge Wealth Mgmt Llc stated it has 2,990 shares. United Advisers Ltd Com holds 0% of its portfolio in Twitter, Inc. (NYSE:TWTR) for 15,090 shares.

The stock of Twitter Inc (NYSE:TWTR) registered an increase of 9.01% in short interest. TWTR’s total short interest was 41.57M shares in March as published by FINRA. Its up 9.01% from 38.13 million shares, reported previously. With 31.69M shares average volume, it will take short sellers 1 days to cover their TWTR’s short positions. The short interest to Twitter Inc’s float is 6.31%.

The stock increased 6.46% or $2.205 during the last trading session, reaching $36.315. About 24.13M shares traded. Twitter, Inc. (NYSE:TWTR) has risen 29.68% since March 14, 2017 and is uptrending. It has outperformed by 12.98% the S&P500.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company has market cap of $27.17 billion. The firm offers various services and products, including Twitter that allows users to create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others. It currently has negative earnings. It also provides promoted services and products, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services.

Twitter, Inc. (NYSE:TWTR) Ratings Coverage

Among 54 analysts covering Twitter (NYSE:TWTR), 10 have Buy rating, 14 Sell and 30 Hold. Therefore 19% are positive. Twitter had 225 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by JMP Securities on Wednesday, October 14 to “Mkt Perform”. Loop Capital initiated the shares of TWTR in report on Friday, September 23 with “Hold” rating. The company was maintained on Friday, July 28 by RBC Capital Markets. The company was maintained on Monday, October 16 by BMO Capital Markets. As per Wednesday, July 27, the company rating was maintained by Nomura. Credit Agricole initiated the stock with “Underperform” rating in Friday, December 11 report. The rating was upgraded by Stifel Nicolaus on Wednesday, October 28 to “Buy”. The rating was downgraded by OTR Global to “Negative” on Wednesday, November 23. Jefferies maintained Twitter, Inc. (NYSE:TWTR) on Friday, October 27 with “Hold” rating. The stock of Twitter, Inc. (NYSE:TWTR) has “Underweight” rating given on Wednesday, October 28 by Morgan Stanley.

More notable recent Twitter, Inc. (NYSE:TWTR) news were published by: Finance.Yahoo.com which released: “Better Wait for a Pullback Before Buying Twitter Inc Stock” on March 09, 2018, also Usnews.com with their article: “Twitter Asks For Help in Fixing Its Platform” published on March 02, 2018, Fortune.com published: “Twitter Is Trying to Halt Cryptocurrency-Related Scams on Its Platform” on March 07, 2018. More interesting news about Twitter, Inc. (NYSE:TWTR) were released by: Finance.Yahoo.com and their article: “3 Stocks to Watch on Monday: Alphabet Inc (GOOG, GOOGL), Microsoft Corporation …” published on March 12, 2018 as well as Investorplace.com‘s news article titled: “Best Stocks for 2018: Twitter Inc Is Sending a Message” with publication date: March 14, 2018.

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