Upland Software Inc (NASDAQ:UPLD) Reports Decline in Sellers; Strong Momentum for Longs

June 13, 2018 - By Jan Rainey

Upland Software, Inc. (NASDAQ:UPLD) Logo

The stock of Upland Software Inc (NASDAQ:UPLD) registered a decrease of 31.94% in short interest. UPLD’s total short interest was 86,100 shares in June as published by FINRA. Its down 31.94% from 126,500 shares, reported previously. With 122,600 shares average volume, it will take short sellers 1 days to cover their UPLD’s short positions. The short interest to Upland Software Inc’s float is 0.65%.

The stock decreased 0.34% or $0.12 during the last trading session, reaching $34.88. About 81,608 shares traded. Upland Software, Inc. (NASDAQ:UPLD) has risen 51.25% since June 13, 2017 and is uptrending. It has outperformed by 38.68% the S&P500.

Upland Software, Inc. provides cloud enterprise work management software in the United States, Canada, and internationally. The company has market cap of $751.06 million. The firm offers a family of software applications under the Upland brand in the areas of information technology, process excellence and operations, finance, professional services, and marketing. It currently has negative earnings. The Company’s software applications address enterprise work challenges in various categories, including program and portfolio management, professional services automation, IT financial management, enterprise secure document capture and fax, workflow automation and enterprise content management, supply chain visibility and collaboration, and digital engagement management.

Upland Software, Inc. (NASDAQ:UPLD) Ratings Coverage

Among 4 analysts covering Upland Software (NASDAQ:UPLD), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Upland Software has $3600 highest and $32 lowest target. $35.25’s average target is 1.06% above currents $34.88 stock price. Upland Software had 7 analyst reports since March 8, 2018 according to SRatingsIntel. Needham maintained the stock with “Buy” rating in Friday, March 23 report. The stock of Upland Software, Inc. (NASDAQ:UPLD) has “Buy” rating given on Thursday, March 22 by SunTrust. Canaccord Genuity maintained Upland Software, Inc. (NASDAQ:UPLD) rating on Friday, March 9. Canaccord Genuity has “Buy” rating and $32 target. SunTrust maintained it with “Buy” rating and $32.0 target in Thursday, March 8 report. As per Thursday, March 22, the company rating was maintained by Canaccord Genuity. As per Friday, March 23, the company rating was maintained by Craig Hallum.

More news for Upland Software, Inc. (NASDAQ:UPLD) were recently published by: Prnewswire.com, which released: “Upland Software Integrates Secure Cloud Fax Communications into its AccuRoute Solution” on May 23, 2018. Nasdaq.com‘s article titled: “Recent Analysis Shows Credit Acceptance, Hanmi Financial, Upland Software, John B. Sanfilippo & Son, Green, and …” and published on May 25, 2018 is yet another important article.

Upland Software, Inc. (NASDAQ:UPLD) Ratings Chart

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