Does Presidio Inc (NASDAQ:PSDO) Have Gas After Even More Sellers Involved?

August 9, 2018 - By Lisa Delgado

The stock of Presidio Inc (NASDAQ:PSDO) registered an increase of 3.19% in short interest. PSDO’s total short interest was 2.81M shares in August as published by FINRA. Its up 3.19% from 2.73 million shares, reported previously. With 83,000 shares average volume, it will take short sellers 34 days to cover their PSDO’s short positions. The short interest to Presidio Inc’s float is 8.64%.

The stock increased 0.70% or $0.1 during the last trading session, reaching $14.37. About 21,419 shares traded. Presidio, Inc. (NASDAQ:PSDO) has declined 8.48% since August 9, 2017 and is downtrending. It has underperformed by 21.05% the S&P500.

Presidio, Inc. provides information technology solutions to the middle market in North America. The company has market cap of $1.33 billion. The firm offers digital infrastructure solutions that enable clients to deploy IT infrastructure, as well as focuses on networking, collaboration, enterprise mobility, Internet of Things, and data analytics. It has a 11.03 P/E ratio. It also provides cloud infrastructure solutions through converged infrastructure, server, storage, support, and capacity-on-demand economic models, as well as cloud-managed services.

Another recent and important Presidio, Inc. (NASDAQ:PSDO) news was published by Globenewswire.com which published an article titled: “Presidio Announces General Availability of Presidio Concierge” on August 06, 2018.

Presidio, Inc. (NASDAQ:PSDO) Ratings Chart

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