What’s MICRO FOCUS INTERNATIONAL PLC OR (OTCMKTS:MCFUF) Upside After This Short Interest Decrease?

February 15, 2018 - By Peter Erickson

The stock of MICRO FOCUS INTERNATIONAL PLC OR (OTCMKTS:MCFUF) registered a decrease of 15.06% in short interest. MCFUF’s total short interest was 1.10 million shares in February as published by FINRA. Its down 15.06% from 1.29 million shares, reported previously. With 400 shares average volume, it will take short sellers 2748 days to cover their MCFUF’s short positions.

It closed at $29.73 lastly. It is up 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to federal, airlines, and healthcare industries in the United Kingdom, the United States, Germany, France, Japan, and internationally. The company has market cap of $11.63 billion. The firm operates through Micro Focus and SUSE divisions. It has a 45.11 P/E ratio. It provides software products in the areas of collaboration, endpoint management, file and networking services, identity and access management, information archiving, security management, terminal emulation, and software delivery and testing, as well as COBOL development and mainframe, and data center solutions.

More notable recent Micro Focus International plc (OTCMKTS:MCFUF) news were published by: Marketwatch.com which released: “Micro Focus International PLC ADR” on September 01, 2017, also Businessinsider.com with their article: “Micro Focus Intl says HPE’s software revenue fell 10 pct in last quarter” published on May 09, 2017, Nasdaq.com published: “Micro Focus Intl PLC (MFGP) Ex-Dividend Date Scheduled for January 18, 2018” on January 17, 2018. More interesting news about Micro Focus International plc (OTCMKTS:MCFUF) were released by: Reuters.com and their article: “Micro Focus Intl sinks after results, outlook disappoints” published on January 08, 2018 as well as Seekingalpha.com‘s news article titled: “Micro Focus International – The Biggest Software Company You’ve Never Heard Of” with publication date: September 22, 2017.

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