Workiva Inc Class A (NYSE:WK) Sellers Covered 7.16% of Their Shorts

July 16, 2018 - By Megan Stone

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The stock of Workiva Inc Class A (NYSE:WK) registered a decrease of 7.16% in short interest. WK’s total short interest was 1.16 million shares in July as published by FINRA. Its down 7.16% from 1.25M shares, reported previously. With 181,200 shares average volume, it will take short sellers 6 days to cover their WK’s short positions. The short interest to Workiva Inc Class A’s float is 5.9%.

The stock decreased 0.61% or $0.15 during the last trading session, reaching $24.6. About 35,169 shares traded. Workiva Inc. (NYSE:WK) has risen 41.37% since July 16, 2017 and is uptrending. It has outperformed by 28.80% the S&P500.

Workiva Inc. provides cloud solutions for enterprises to improve productivity, accountability, and insight into business data in the United States and internationally. The company has market cap of $1.05 billion. It offers solutions for finance and accounting, audit and internal controls, risk and compliance, and activities markets. It currently has negative earnings. The firm provides Wdesk, a collaborative work management platform to collect, link, report, and analyze the business data, as well as to create, review, and publish data-linked documents and reports.

Workiva Inc. (NYSE:WK) Ratings Coverage

Among 7 analysts covering Workiva (NYSE:WK), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Workiva had 7 analyst reports since February 23, 2018 according to SRatingsIntel. Morgan Stanley maintained Workiva Inc. (NYSE:WK) on Thursday, May 3 with “Equal-Weight” rating. Northland Capital maintained the shares of WK in report on Friday, February 23 with “Buy” rating. The firm earned “Market Perform” rating on Friday, February 23 by Raymond James. Robert W. Baird maintained the stock with “Hold” rating in Thursday, February 22 report. The stock of Workiva Inc. (NYSE:WK) earned “Buy” rating by Stifel Nicolaus on Friday, February 23. The stock of Workiva Inc. (NYSE:WK) earned “Buy” rating by SunTrust on Friday, February 23.

More recent Workiva Inc. (NYSE:WK) news were published by: Seekingalpha.com which released: “Workiva: Tariff-Proof Software Play” on July 03, 2018. Also Businesswire.com published the news titled: “Workiva and Baringa Partners Announce Strategic Collaboration” on July 02, 2018. Businesswire.com‘s news article titled: “Workiva Named Among the 100 Best Places to Work in IT in 2018 by Computerworld Magazine” with publication date: June 18, 2018 was also an interesting one.

Workiva Inc. (NYSE:WK) Ratings Chart

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