Will A10 Networks Inc (NYSE:ATEN) Run Out of Steam Soon? Short Interest is Up

November 10, 2018 - By Hazel Jackson

A10 Networks, Inc. (NYSE:ATEN) Logo

The stock of A10 Networks Inc (NYSE:ATEN) registered an increase of 14.2% in short interest. ATEN’s total short interest was 995,100 shares in November as published by FINRA. Its up 14.2% from 871,400 shares, reported previously. With 214,500 shares average volume, it will take short sellers 5 days to cover their ATEN’s short positions. The short interest to A10 Networks Inc’s float is 2.52%.

The stock decreased 1.40% or $0.09 during the last trading session, reaching $6.34. About 237,846 shares traded. A10 Networks, Inc. (NYSE:ATEN) has declined 0.60% since November 10, 2017 and is downtrending. It has underperformed by 16.22% the S&P500.

A10 Networks, Inc. provides software and hardware solutions in the United States, Japan, and internationally. The company has market cap of $467.88 million. The companyÂ’s products are built on advanced core operating system platform. It currently has negative earnings. It offers application delivery controllers that provide advanced server load balancing; lightning application delivery service, a cloud-native software-as-a-service platform designed to boost the delivery and security of applications and micro services; and carrier grade networking address translation product that offer network address and protocol translation services for service well-known provider networks.

More notable recent A10 Networks, Inc. (NYSE:ATEN) news were published by: Seekingalpha.com which released: “A10 Networks beats with help of service growth” on October 30, 2018, also Businesswire.com with their article: “A10 Networks Announces Global Reseller and Solutions Integration Partnership With NEC Corporation” published on November 05, 2018, Businesswire.com published: “A10 Networks Provides Cloud, Internet and Gaming Providers with Industry’s Highest Performance 1 RU DDoS …” on October 16, 2018. More interesting news about A10 Networks, Inc. (NYSE:ATEN) were released by: Businesswire.com and their article: “A10 Introduces Centralized Management and Advanced Security Analytics for SSL Inspection” published on October 12, 2018 as well as Nasdaq.com‘s news article titled: “Report: Developing Opportunities within Denbury Resources, Boston Properties, Ingevity, Terex, A10 Networks, and …” with publication date: November 05, 2018.

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