Today Godaddy Inc Class A (NYSE:GDDY) Reported Increase in Shorted Shares

The stock of Godaddy Inc Class A (NYSE:GDDY) registered an increase of 17.25% in short interest. GDDY’s total short interest was 6.21 million shares in September as published by FINRA. Its up 17.25% from 5.29M shares, reported previously. With 1.45M shares average volume, it will take short sellers 4 days to cover their GDDY’s short positions.

The stock decreased 0.70% or $0.47 during the last trading session, reaching $66.62. About 881,116 shares traded. GoDaddy Inc. (NYSE:GDDY) has risen 0.04% since September 21, 2018 and is uptrending. It has outperformed by 0.04% the S&P500.

GoDaddy Inc. designs and develops cloud technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company has market cap of $11.89 billion. It provides domain name registration product that enables to engage clients at the initial stage of establishing a digital identity; hosting and presence products, such as shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, and security. It has a 212.17 P/E ratio. The firm also offers Website builder, an online tool that enables clients to build Websites; online store product that allows clients to create their own standalone Website with an integrated online store optimized for mobile shopping; and search engine visibility product that helps clients get their Websites found on search sites through search engine optimization.

More notable recent GoDaddy Inc. (NYSE:GDDY) news were published by: Seekingalpha.com which released: “Will GoDaddy Follow The PaaS Route? – Seeking Alpha” on March 22, 2019, also Finance.Yahoo.com with their article: “GoDaddy Inc (GDDY) Q2 2019 Earnings Call Transcript – Yahoo Finance” published on August 02, 2019, Seekingalpha.com published: “GoDaddy Inc. 2019 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 02, 2019. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Finance.Yahoo.com and their article: “Why You Should Care About GoDaddy Inc.’s (NYSE:GDDY) Low Return On Capital – Yahoo Finance” published on May 30, 2019 as well as Finance.Yahoo.com‘s news article titled: “GoDaddy (GDDY) Reports Next Week: Wall Street Expects Earnings Growth – Yahoo Finance” with publication date: July 25, 2019.