Forescout Technologies Inc (NASDAQ:FSCT) Can’t Be More Risky. Short Interest Increased

July 27, 2018 - By Jason Dias

The stock of Forescout Technologies Inc (NASDAQ:FSCT) registered an increase of 60.33% in short interest. FSCT’s total short interest was 929,300 shares in July as published by FINRA. Its up 60.33% from 579,600 shares, reported previously. With 620,400 shares average volume, it will take short sellers 2 days to cover their FSCT’s short positions. The short interest to Forescout Technologies Inc’s float is 5.71%.

The stock increased 0.24% or $0.09 during the last trading session, reaching $38.04. About 380,905 shares traded. ForeScout Technologies, Inc. (NASDAQ:FSCT) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

ForeScout Technologies, Inc. provides network security hardware and software products in the United States, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company has market cap of $1.53 billion. It offers ForeScout CounterACT agentless technology that discovers, classifies, and assesses IP devices; ForeScout extended modules for integrations across vulnerability assessment, advanced threat detection, security incidence and event management, enterprise mobility management, endpoint protection and endpoint detection and response, next generation firewall, privileged access management, and IT systems management vendors, as well as compliance; and ForeScout CounterACT Enterprise Manager, a centralized security management solution for the control of various appliances deployed on an end-customer network, as well as maintenance and professional services. It currently has negative earnings. The companyÂ’s products are used to protect organizations against the threats that exploit the billions of Internet of things devices connected to organizationsÂ’ networks.

More notable recent ForeScout Technologies, Inc. (NASDAQ:FSCT) news were published by: Marketwatch.com which released: “With midterms ahead, cybersecurity demand — and stock prices — are high” on July 25, 2018, also Globenewswire.com with their article: “CORRECTING AND REPLACING — ForeScout Technologies, Inc.” published on July 11, 2018, Bizjournals.com published: “Tenable IPO opens strong at $33 per share on Nasdaq” on July 26, 2018. More interesting news about ForeScout Technologies, Inc. (NASDAQ:FSCT) were released by: Nasdaq.com and their article: “ForeScout Technologies to Announce Second Quarter 2018 Financial Results on Wednesday, August 8, 2018” published on July 10, 2018 as well as Seekingalpha.com‘s news article titled: “Illinois Tool Works Is Doing Better Than The Stock Indicates – Cramer’s Lightning Round (7/17/18)” with publication date: July 18, 2018.

ForeScout Technologies, Inc. (NASDAQ:FSCT) Ratings Chart

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