Could Rightside Group Limited (NASDAQ:NAME) Change Direction After Less Shorts?

July 17, 2017 - By Louis Casey

 Could Rightside Group Limited (NASDAQ:NAME) Change Direction After Less Shorts?

The stock of Rightside Group Limited (NASDAQ:NAME) registered a decrease of 0.31% in short interest. NAME’s total short interest was 160,100 shares in July as published by FINRA. Its down 0.31% from 160,600 shares, reported previously. With 84,800 shares average volume, it will take short sellers 2 days to cover their NAME’s short positions. The short interest to Rightside Group Limited’s float is 1.94%.

About 23,784 shares traded. Rightside Group Ltd (NASDAQ:NAME) has risen 1.01% since July 17, 2016 and is uptrending. It has underperformed by 15.69% the S&P500.

Rightside Group, Ltd. is a provider of domain name services that enable businesses and clients to find, establish and maintain their digital address. The company has market cap of $206.09 million. The Firm is a registrar, offering domain name registration and other related services to resellers and domain name registrants. It currently has negative earnings. It provides infrastructure services through its eNom brand.

Rightside Group Ltd (NASDAQ:NAME) Ratings Coverage

Among 2 analysts covering Rightside Group (NASDAQ:NAME), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Rightside Group had 4 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Neutral” rating by B. Riley & Co on Thursday, June 15. The stock of Rightside Group Ltd (NASDAQ:NAME) has “Buy” rating given on Friday, August 7 by Zacks. The firm has “Hold” rating by Deutsche Bank given on Wednesday, August 10.

More notable recent Rightside Group Ltd (NASDAQ:NAME) news were published by: Prnewswire.com which released: “RIGHTSIDE (NAME) Alert: J&W Investigates Proposed Sale of Rightside Group, Ltd …” on June 14, 2017, also Prnewswire.com with their article: “Harwood Feffer LLP Announces Investigation of Rightside Group, Ltd.” published on June 28, 2017, Benzinga.com published: “Wall Street’s M&A Chatter From June 14: General Mills, Oclaro, Rightside Group …” on June 15, 2017. More interesting news about Rightside Group Ltd (NASDAQ:NAME) were released by: Businesswire.com and their article: “RIGHTSIDE GROUP, LTD. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe …” published on June 14, 2017 as well as Nasdaq.com‘s news article titled: “Rightside Group, Ltd. (NAME), Interview with Taryn Naidu, CEO” with publication date: September 12, 2016.

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