Roku Inc – Class A (NASDAQ:ROKU) Short Interest Decreased By 8.25%

The stock of Roku Inc – Class A (NASDAQ:ROKU) registered a decrease of 8.25% in short interest. ROKU’s total short interest was 13.72 million shares in July as published by FINRA. Its down 8.25% from 14.96M shares, reported previously. With 10.61M shares average volume, it will take short sellers 1 days to cover their ROKU’s short positions.

The stock decreased 1.57% or $1.65 during the last trading session, reaching $102.89. About 6.55M shares traded. Roku, Inc. (NASDAQ:ROKU) has risen 136.09% since July 12, 2018 and is uptrending. It has outperformed by 131.66% the S&P500.

Roku, Inc. primarily operates a TV streaming platform. The company has market cap of $11.77 billion. The Company’s platform allows users to discover and access a range of movies and TV episodes, as well as live sports, music, news, and others. It currently has negative earnings. As of June 30, 2017, the firm had approximately 13.3 million subscribers.

Roku, Inc. (NASDAQ:ROKU) Ratings Coverage

Among 3 analysts covering Roku (NASDAQ:ROKU), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Roku had 16 analyst reports since February 22, 2019 according to SRatingsIntel. KeyBanc Capital Markets maintained Roku, Inc. (NASDAQ:ROKU) rating on Monday, April 1. KeyBanc Capital Markets has “Overweight” rating and $76 target. Guggenheim downgraded Roku, Inc. (NASDAQ:ROKU) rating on Thursday, April 4. Guggenheim has “Neutral” rating and $72 target. On Monday, February 25 the stock rating was maintained by Citigroup with “Neutral”.

More notable recent Roku, Inc. (NASDAQ:ROKU) news were published by: Investorplace.com which released: “Nasdaq Today: Hard to Keep Track of the Losers – Investorplace.com” on June 25, 2019, also Fool.com with their article: “3 Reasons Roku Stock Is Still a Buy — Even After Soaring 240% So Far This Year – The Motley Fool” published on June 13, 2019, Nasdaq.com published: “Notable Monday Option Activity: HD, ROKU, SGMO – Nasdaq” on July 01, 2019. More interesting news about Roku, Inc. (NASDAQ:ROKU) were released by: Nasdaq.com and their article: “Nasdaq Today: Apple Loses Ive and the Nasdaq’s Q3 Outlook – Nasdaq” published on June 28, 2019 as well as Nasdaq.com‘s news article titled: “Will Netflix Launch an Ad-Supported Tier? – Nasdaq” with publication date: June 20, 2019.

Roku, Inc. (NASDAQ:ROKU) Ratings Chart

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