Is First Data Corporation Class A (NYSE:FDC)’s Fuel Running High? Reports Show Less Sellers

May 15, 2018 - By Vivian Park

The stock of First Data Corporation Class A (NYSE:FDC) registered a decrease of 13.8% in short interest. FDC’s total short interest was 39.57M shares in May as published by FINRA. Its down 13.8% from 45.91M shares, reported previously. With 7.85 million shares average volume, it will take short sellers 5 days to cover their FDC’s short positions. The short interest to First Data Corporation Class A’s float is 8.54%.

The stock decreased 0.20% or $0.04 during the last trading session, reaching $19.61. About 1.86 million shares traded. First Data Corporation (NYSE:FDC) has risen 5.34% since May 15, 2017 and is uptrending. It has underperformed by 6.21% the S&P500.

First Data Corporation provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide. The company has market cap of $18.22 billion. It operates through three divisions: Global Business Solutions, Global Financial Solutions, and Network & Security Solutions. It has a 12.07 P/E ratio. The Global Business Solutions segment offers retail point-of-sale merchant acquiring and e-commerce services; and mobile payment services and Webstore-in-a-box solutions, as well as its cloud Clover point-of-sale operating system, which includes a marketplace for proprietary and third-party business applications.

Another recent and important First Data Corporation (NYSE:FDC) news was published by Streetinsider.com which published an article titled: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” on May 15, 2018.

First Data Corporation (NYSE:FDC) Ratings Chart

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.