How Analysts Feel About Apptio Inc – Class A (NASDAQ:APTI) After Increase in Sellers?

May 16, 2018 - By Marguerite Chambers

The stock of Apptio Inc – Class A (NASDAQ:APTI) registered an increase of 19.51% in short interest. APTI’s total short interest was 2.14 million shares in May as published by FINRA. Its up 19.51% from 1.79 million shares, reported previously. With 612,100 shares average volume, it will take short sellers 4 days to cover their APTI’s short positions. The short interest to Apptio Inc – Class A’s float is 11.78%.

The stock increased 2.49% or $0.76 during the last trading session, reaching $31.26. About 244,781 shares traded. Apptio, Inc. (NASDAQ:APTI) has risen 142.27% since May 16, 2017 and is uptrending. It has outperformed by 130.72% the S&P500.

Apptio, Inc. provides cloud-based technology business management solutions to enterprises. The company has market cap of $1.37 billion. The Company’s cloud platform and SaaS applications enable IT leaders to analyze, optimize, and plan technology investments, and to benchmark their financial and operational performance against peers. It currently has negative earnings. The companyÂ’s TBM solutions consist of adaptive data management, which aggregates, cleanses, and correlates large amounts of customer data from various sources; and standard IT operating model and taxonomy that provides a standard model for how IT costs are captured, categorized, and allocated to IT services and business services.

More news for Apptio, Inc. (NASDAQ:APTI) were recently published by: Seekingalpha.com, which released: “Apptio: Little-Known Company Continues Outperformance” on May 01, 2018. Streetinsider.com‘s article titled: “Apptio (APTI) Reports Conversion of B Common Shares into Class A Common Shares” and published on May 11, 2018 is yet another important article.

Apptio, Inc. (NASDAQ:APTI) Ratings Chart

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