A10 Networks Inc (NYSE:ATEN) Short Interest Increased By 14.2%

October 2, 2018 - By Peter Erickson

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 October 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 increased 0.33% or $0.02 during the last trading session, reaching $6.15. About 172,235 shares traded. A10 Networks, Inc. (NYSE:ATEN) has declined 0.60% since October 2, 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 $447.15 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.

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