What’s Ahead for Everbridge Inc (NASDAQ:EVBG) After Less Shorted Shares?

The stock of Everbridge Inc (NASDAQ:EVBG) registered a decrease of 40.09% in short interest. EVBG’s total short interest was 1.94 million shares in August as published by FINRA. Its down 40.09% from 3.25M shares, reported previously. With 609,300 shares average volume, it will take short sellers 3 days to cover their EVBG’s short positions.

The stock decreased 0.31% or $0.25 during the last trading session, reaching $79.5. About 196,728 shares traded. Everbridge, Inc. (NASDAQ:EVBG) has risen 125.13% since August 15, 2018 and is uptrending. It has outperformed by 125.13% the S&P500.

Everbridge, Inc., a software company, provides critical communications and enterprise safety applications that enable clients to automate and accelerate the process of keeping people safe and businesses running during critical events. The company has market cap of $2.67 billion. The Company’s SaaS platform enables clients to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans. It currently has negative earnings. The companyÂ’s critical event management platform comprises a set of software applications that address various tasks an organization has to perform to manage a critical event, including Mass Notification, Incident Management, Safety Connection, IT Alerting, Visual Command Center, Crisis Commander, Community Engagement, and Secure Messaging.

Everbridge, Inc. (NASDAQ:EVBG) Ratings Coverage

Among 3 analysts covering Everbridge (NASDAQ:EVBG), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Everbridge has $10000 highest and $75 lowest target. $88.25’s average target is 11.01% above currents $79.5 stock price. Everbridge had 6 analyst reports since February 20, 2019 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, August 6 by JP Morgan. The company was maintained on Wednesday, February 20 by Robert W. Baird. The firm earned “Outperform” rating on Tuesday, August 6 by Raymond James.

More notable recent Everbridge, Inc. (NASDAQ:EVBG) news were published by: Fool.com which released: “Everbridge, Inc. (EVBG) Q1 2019 Earnings Call Transcript – Motley Fool” on May 07, 2019, also Seekingalpha.com with their article: “Everbridge Inc.: Switch To Calls – Seeking Alpha” published on July 07, 2019, Nasdaq.com published: “Everbridge (EVBG) Reports Q2 Loss, Tops Revenue Estimates – Nasdaq” on August 05, 2019. More interesting news about Everbridge, Inc. (NASDAQ:EVBG) were released by: Nasdaq.com and their article: “Technology Sector Update for 06/20/2019: ORCL,EVBG,ULBI – Nasdaq” published on June 20, 2019 as well as Gurufocus.com‘s news article titled: “Mar 02, 2019 – Everbridge Inc (EVBG) Files 10-K for the Fiscal Year Ended on December 31, 2018 – GuruFocus.com” with publication date: March 02, 2019.

Everbridge, Inc. (NASDAQ:EVBG) Ratings Chart

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