Axon Enterprise Inc (NASDAQ:AAXN) Sellers Covered 11% of Their Shorts

June 16, 2018 - By Michael Pereira

The stock of Axon Enterprise Inc (NASDAQ:AAXN) registered a decrease of 11% in short interest. AAXN’s total short interest was 10.53M shares in June as published by FINRA. Its down 11% from 11.83M shares, reported previously. With 730,100 shares average volume, it will take short sellers 14 days to cover their AAXN’s short positions. The short interest to Axon Enterprise Inc’s float is 20.42%.

The stock increased 1.15% or $0.73 during the last trading session, reaching $64.4. About 912,723 shares traded. Axon Enterprise, Inc. (NASDAQ:AAXN) has risen 152.14% since June 16, 2017 and is uptrending. It has outperformed by 139.57% the S&P500.

Axon Enterprise, Inc. develops, manufactures, and sells conducted electrical weapons worldwide. The company has market cap of $3.70 billion. The firm operates through two divisions, TASER Weapons and Axon. It has a 650.51 P/E ratio. It offers TASER X26P and TASER X2 smart weapons for law enforcement; TASER C2 and TASER Pulse CEWs for the consumer market; and replacement cartridges.

More notable recent Axon Enterprise, Inc. (NASDAQ:AAXN) news were published by: Finance.Yahoo.com which released: “4 Top-Ranked Nasdaq Stocks That Have Doubled This Year” on June 14, 2018, also Fool.com with their article: “Axon Enterprise Inc. Takes to the Skies with DJI Partnership” published on June 11, 2018, Fool.com published: “Axon Enterprise Now Owns the Police Body Cam Market” on May 18, 2018. More interesting news about Axon Enterprise, Inc. (NASDAQ:AAXN) were released by: Fool.com and their article: “10 Reasons Why I’m Selling All of My Apple Stock” published on June 10, 2018 as well as Fool.com‘s news article titled: “Better Buy: Axon Enterprise Inc vs. American Outdoor Brands Corp” with publication date: June 12, 2018.

Axon Enterprise, Inc. (NASDAQ:AAXN) Ratings Chart

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