LinkedIn

LinkedIn Corporation (LNKD) Short Interest Disclosure

LinkedIn Corporation (LNKD) Short Interest Disclosure

LinkedIn Corporation (NYSE:LNKD) reported a drop of 4.1% or 156,748 shares in its short interest. The short figure came in at 3.2% of the total floats. The average daily volume of 3,048,100 shares suggests that the days to cover 3,640,944 short positions, as on March 15,2016, will be 1. On February 29,2016, the short interest was 3,797,692 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on March 24th.

LinkedIn Corporation (NYSE:LNKD) witnessed a decline in the market cap on Thursday as its shares dropped 1.26% or 1.42 points. After the session commenced at $111.86, the stock reached the higher end at $112.32 while it hit a low of $110.1. With the volume soaring to 2,716,743 shares, the last trade was called at $111.03. The company has a 52-week high of $267.28. The company has a market cap of $14,664 million and there are 132,074,709 shares in outstanding. The 52-week low of the share price is $98.25.

Currently the company Insiders own 13.32% of LinkedIn Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.88% . Institutional Investors own 78% of LinkedIn Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -32.98%. Investors should note that the Company has disclosed insider buying and selling activities to the Securities Exchange,The officer (SVP Global Talent Organization) of Linkedin Corp, Wadors Patricia L sold 3,247 shares at $111.42 on February 17, 2016. The Insider selling transaction had a total value worth of $361,781. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of LinkedIn Corporation appreciated by 1.21% during the last five trading days but lost 5.67% on a 4-week basis. LinkedIn Corporation has dropped 51.38% during the last 3-month period . Year-to-Date the stock performance stands at -50.67%. LinkedIn Corporation (NYSE:LNKD) witnessed a decline in the market cap on Thursday as its shares dropped 1.26% or 1.42 points. After the session commenced at $111.86, the stock reached the higher end at $112.32 while it hit a low of $110.1. With the volume soaring to 2,716,743 shares, the last trade was called at $111.03. The company has a 52-week high of $267.28. The company has a market cap of $14,664 million and there are 132,074,709 shares in outstanding. The 52-week low of the share price is $98.25.

LinkedIn Corporation (LinkedIn) is a professional network on the Internet. The Companys three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. All three product lines are sold through two channels, an offline field sales organization, which engages with both large and small enterprise customers, as well as an online, self-serve channel, which includes enterprise customers and individual members purchasing subscriptions. The Companys solutions include Free Solutions and Monetized Solutions. Its Free Solutions includes the service to manage professional identity, service to build and engage with professional networks, access to knowledge, insights and opportunities and ubiquitous access. The Company also provides other solutions, which provide members, enterprises and professional organizations with functionality and additional benefits.