Zendesk Inc (NYSE:ZEN) Shorts Decreased By 4.42% As Of Jun 29, 2018

June 29, 2018 - By Margaret Staats

Zendesk, Inc. (NYSE:ZEN) Corporate Logo

Change of 4.42% for Zendesk Inc (NYSE:ZEN)’s shares shorted was reported. FINRA announced shares shorted of ZEN’s total 3.69M shares. The 3.86M previous shares are down with 4.42%. Former ZEN’s position will need 3 days to restore. It has 1.18M average volume. Zendesk Inc float short is 3.79%.

ZEN hit $54.2801 during the last trading session after $0.5099 change.Currently Zendesk, Inc. is uptrending after 119.18% change in last June 29, 2017. ZEN has also 307,553 shares volume. ZEN outperformed the S&P 500 by 106.61%.

Zendesk, Inc., a software development company, provides software-as-a-service products for organizations.The firm is worth $5.68 billion. The Company’s flagship product includes Zendesk Support, a system for tracking, prioritizing, and solving customer support tickets across various channels.Last it reported negative earnings. The firm also offers Zendesk Chat, a live chat software to connect with clients on Websites, in applications, and on mobile devices; Zendesk Talk, a cloud call center software; Zendesk Help Center, a self-service destination with articles, interactive forums, and community; Zendesk Message, a customer messaging software; Zendesk Explore that makes customer data accessible across an organization; and Zendesk Connect, a customer intelligence software.

Zendesk, Inc. (NYSE:ZEN) Ratings Coverage

Total analysts of 12 have positions in Zendesk (NYSE:ZEN) as follows: 10 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 83%. Since January 10, 2018 according to StockzIntelligence Inc Zendesk has 23 analyst reports. On Tuesday, January 23 the firm has “Buy” rating by Piper Jaffray given. On Wednesday, February 7 the firm has “Hold” rating by Stifel Nicolaus given. The stock rating was maintained by KeyBanc Capital Markets with “Overweight” on Tuesday, March 13. On Wednesday, May 2 Piper Jaffray maintained Zendesk, Inc. (NYSE:ZEN) rating. Piper Jaffray has “Buy” rating and $6500 target. On Wednesday, February 7 Guggenheim maintained Zendesk, Inc. (NYSE:ZEN) with “Buy” rating. On Wednesday, January 10 Guggenheim maintained Zendesk, Inc. (NYSE:ZEN) rating. Guggenheim has “Buy” rating and $39.0 target. On Friday, May 18 the stock has “Buy” rating by Rosenblatt. The company rating was maintained by Stifel Nicolaus on Wednesday, May 2. On Wednesday, May 2 Cowen & Co maintained Zendesk, Inc. (NYSE:ZEN) with “Buy” rating. On Wednesday, February 7 KeyBanc Capital Markets maintained the shares of ZEN in report with “Overweight” rating.

Zendesk, Inc. (NYSE:ZEN) Analyst Ratings Chart

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