Micro Focus Intl PLC ADS each r (NYSE:MFGP):
Micro Focus Announces General Availability of Industry First, Container-Based, Multi-Tenant Service Management Automation Solution.
The company is up since yesterday’s close of $34.28.
Shares are trading at $34.93 which is marginally higher than $32.50, the 50 day moving average and slightly over the 200 day moving average of $32.24. The 50 day moving average moved up $2.43 and the 200 day average went up by +8.33%.
Short traders are more bearish on Micro Focus Intl PLC ADS each r lately looking at the motion in short interest. The company realized a rise in short interest between September 29, 2017 and October 13, 2017 of 2.86%. Short shares grew from 2,481,552 to 2,552,489 over that period. Days to cover increased from 1.0 to 2.0 and the percentage of shorted shares was 0.01% on October 13.