Upland Software Inc (NASDAQ:UPLD) Shorts Decreased by 13.09% After Short Covering

March 14, 2018 - By Richard Conner

 Upland Software Inc (NASDAQ:UPLD) Shorts Decreased by 13.09% After Short Covering

The stock of Upland Software Inc (NASDAQ:UPLD) registered a decrease of 13.09% in short interest. UPLD’s total short interest was 170,000 shares in March as published by FINRA. Its down 13.09% from 195,600 shares, reported previously. With 141,800 shares average volume, it will take short sellers 1 days to cover their UPLD’s short positions. The short interest to Upland Software Inc’s float is 1.28%.

The stock increased 3.82% or $1.08 during the last trading session, reaching $29.33. About 220,412 shares traded. Upland Software, Inc. (NASDAQ:UPLD) has risen 221.45% since March 14, 2017 and is uptrending. It has outperformed by 204.75% the S&P500.

Upland Software, Inc. provides cloud enterprise work management software in the United States, Canada, and internationally. The company has market cap of $609.14 million. The firm offers a family of software applications under the Upland brand in the areas of information technology, process excellence and operations, finance, professional services, and marketing. It currently has negative earnings. The Company’s software applications address enterprise work challenges in various categories, including program and portfolio management, professional services automation, IT financial management, enterprise secure document capture and fax, workflow automation and enterprise content management, supply chain visibility and collaboration, and digital engagement management.

Upland Software, Inc. (NASDAQ:UPLD) Ratings Coverage

Among 6 analysts covering Upland Software (NASDAQ:UPLD), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Upland Software had 14 analyst reports since September 1, 2015 according to SRatingsIntel. Zacks downgraded Upland Software, Inc. (NASDAQ:UPLD) on Tuesday, September 1 to “Hold” rating. The stock of Upland Software, Inc. (NASDAQ:UPLD) has “Buy” rating given on Monday, August 14 by Canaccord Genuity. The rating was downgraded by Roth Capital on Friday, July 14 to “Hold”. As per Friday, November 3, the company rating was maintained by SunTrust. Canaccord Genuity maintained Upland Software, Inc. (NASDAQ:UPLD) on Monday, January 18 with “Buy” rating. Needham maintained the stock with “Buy” rating in Wednesday, September 20 report. The firm has “Buy” rating by Canaccord Genuity given on Friday, March 9. SunTrust maintained Upland Software, Inc. (NASDAQ:UPLD) on Thursday, March 8 with “Buy” rating. The rating was maintained by Canaccord Genuity on Friday, January 15 with “Buy”. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, January 12 report.

More notable recent Upland Software, Inc. (NASDAQ:UPLD) news were published by: Streetinsider.com which released: “Form 4 Upland Software, Inc. For: Mar 09 Filed by: Mattox Timothy” on March 13, 2018, also Prnewswire.com with their article: “Upland Software Reports Record Quarterly and Full Year 2017 Financial Results …” published on March 08, 2018, Prnewswire.com published: “Upland Software to Release Fourth Quarter and Full Year 2017 Financial Results …” on February 22, 2018. More interesting news about Upland Software, Inc. (NASDAQ:UPLD) were released by: Prnewswire.com and their article: “Upland Software to Present Dr. Mikel Harry Six Sigma Lifetime Achievement …” published on March 07, 2018 as well as Prnewswire.com‘s news article titled: “Upland Software Awarded KMWorld’s “100 Companies That Matter in Knowledge …” with publication date: March 08, 2018.

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.