Does Appian Corporation Class A (NASDAQ:APPN) Have Gas After Even More Sellers Involved?

July 26, 2017 - By Henry Gaston

 Does Appian Corporation Class A (NASDAQ:APPN) Have Gas After Even More Sellers Involved?

The stock of Appian Corporation Class A (NASDAQ:APPN) registered an increase of 4979.78% in short interest. APPN’s total short interest was 452,100 shares in July as published by FINRA. Its up 4979.78% from 8,900 shares, reported previously. With 372,500 shares average volume, it will take short sellers 1 days to cover their APPN’s short positions.

About 23,801 shares traded. Appian Corp (NASDAQ:APPN) has 0.00% since July 26, 2016 and is . It has underperformed by 16.70% the S&P500.

Appian Corporation provides a low-code software development platform as a service that enables organizations to develop applications. The company has market cap of $1.19 billion. Through Company’s platform, organizations can design, build and implement, enterprise-grade custom applications. It currently has negative earnings. Decision makers can reimagine their products, services, processes and customer interactions.

Appian Corp (NASDAQ:APPN) Ratings Coverage

Among 7 analysts covering Appian (NASDAQ:APPN), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Appian had 7 analyst reports since June 19, 2017 according to SRatingsIntel. KeyBanc Capital Markets initiated the shares of APPN in report on Monday, June 19 with “Hold” rating.

More notable recent Appian Corp (NASDAQ:APPN) news were published by: Bizjournals.com which released: “Appian has a new major shareholder — and it’s snapping up piles of stock” on June 09, 2017, also Bizjournals.com with their article: “Here’s Appian’s target IPO price” published on May 13, 2017, Seekingalpha.com published: “Appian Provides Terms On $75 Million IPO” on May 15, 2017. More interesting news about Appian Corp (NASDAQ:APPN) were released by: Bizjournals.com and their article: “Appian files for $86.25 million IPO” published on April 28, 2017 as well as Seekingalpha.com‘s news article titled: “Appian – This Successful Software IPO Still Has A Lot To Prove” with publication date: May 30, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.