Time to Reconsider Axon Enterprise Incorporated (NASDAQ:AAXN) After More Short Sellers?

July 25, 2017 - By test

 Time to Reconsider Axon Enterprise Incorporated (NASDAQ:AAXN) After More Short Sellers?

The stock of Axon Enterprise Incorporated (NASDAQ:AAXN) registered an increase of 1.87% in short interest. AAXN’s total short interest was 17.59M shares in July as published by FINRA. Its up 1.87% from 17.26 million shares, reported previously. With 532,500 shares average volume, it will take short sellers 33 days to cover their AAXN’s short positions. The short interest to Axon Enterprise Incorporated’s float is 34.41%.

About 90,871 shares traded. Axon Enterprise Inc (NASDAQ:AAXN) has risen 16.48% since July 25, 2016 and is uptrending. It has underperformed by 0.22% the S&P500.

Axon Enterprise, Inc., formerly TASER International, Inc., is engaged in development, manufacture and sale of conducted electrical weapons for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. The company has market cap of $1.35 billion. It is also engaged in development of connected wearable on-officer cameras. It has a 73.68 P/E ratio. It operates through two divisions: the sale of CEWs, accessories, and other related services and products (the TASER Weapons segment), and the Axon business, focused on devices, wearables, applications, cloud and mobile products (the Axon segment).

More notable recent Axon Enterprise Inc (NASDAQ:AAXN) news were published by: Fool.com which released: “Surge in Body Camera Sales Drives Axon Enterprise Inc.’s Growth” on May 10, 2017, also Fool.com with their article: “Axon Enterprise Inc.’s Worst Moves in 2017 So Far” published on June 19, 2017, Marketwatch.com published: “Taser changes name to Axon Enterprise; ticker symbol will be ‘AAXN’ on Thursday” on April 05, 2017. More interesting news about Axon Enterprise Inc (NASDAQ:AAXN) were released by: Marketwatch.com and their article: “25.37” published on April 06, 2017 as well as Fool.com‘s news article titled: “Axon Enterprise Inc’s Growth Potential Is Enormous” with publication date: June 05, 2017.

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