Appian Corporation – Class A (NASDAQ:APPN) Could Improve Your Long Portfolio After Less Shorts Reported

September 16, 2018 - By Russell Jones

The stock of Appian Corporation – Class A (NASDAQ:APPN) registered a decrease of 4.93% in short interest. APPN’s total short interest was 2.23M shares in September as published by FINRA. Its down 4.93% from 2.34M shares, reported previously. With 461,100 shares average volume, it will take short sellers 5 days to cover their APPN’s short positions. The short interest to Appian Corporation – Class A’s float is 13.49%.

The stock increased 0.30% or $0.11 during the last trading session, reaching $36.84. About 306,701 shares traded. Appian Corporation (NASDAQ:APPN) has risen 34.89% since September 16, 2017 and is uptrending. It has outperformed by 19.27% the S&P500.

Appian Corporation provides low-code software development platform that enables organizations to develop various applications in the United States and internationally. The company has market cap of $2.34 billion. The companyÂ’s platform automates the creation of forms, data flows, records, reports, and other software elements that are needed to be manually coded or configured. It currently has negative earnings. The Company’s principal software markets include the markets for low-code development platforms, case management software, business process management, and platform-as-a-service.

More important recent Appian Corporation (NASDAQ:APPN) news were published by: Profitconfidential.com which released: “Appian Stock: Strong Growth Supports Upcoming Breakout” on August 24, 2018, also Fool.com published article titled: “Why Appian Stock Jumped 12.4% in August”, Globenewswire.com published: “Pirelli Recognizes Appian with the ICT Supplier Award” on September 11, 2018. More interesting news about Appian Corporation (NASDAQ:APPN) was released by: Seekingalpha.com and their article: “Appian – High Returns On Low-Code” with publication date: August 21, 2018.

Appian Corporation (NASDAQ:APPN) Ratings Chart

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