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

The stock of Everbridge Inc (NASDAQ:EVBG) registered a decrease of 2.72% in short interest. EVBG’s total short interest was 2.23 million shares in May as published by FINRA. Its down 2.72% from 2.29M shares, reported previously. With 347,700 shares average volume, it will take short sellers 6 days to cover their EVBG’s short positions. The short interest to Everbridge Inc’s float is 8.15%.

The stock decreased 0.85% or $0.71 during the last trading session, reaching $83.06. About 540,555 shares traded or 16.25% up from the average. Everbridge, Inc. (NASDAQ:EVBG) has risen 112.81% since May 17, 2018 and is uptrending. It has outperformed by 108.44% 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 $2.74 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.

More notable recent Everbridge, Inc. (NASDAQ:EVBG) news were published by: Benzinga.com which released: “Axsome Therapeutics (NASDAQ:AXSM), (CBLK) – 4 Stocks Breaking Out On Earnings & Other News – Benzinga” on May 08, 2019, also Finance.Yahoo.com with their article: “The Everbridge (NASDAQ:EVBG) Share Price Is Up 86% And Shareholders Are Holding On – Yahoo Finance” published on May 17, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About About Allscripts Healthcare Solutions Inc (MDRX) – Yahoo Finance” on May 02, 2019. More interesting news about Everbridge, Inc. (NASDAQ:EVBG) were released by: Businesswire.com and their article: “Everbridge Announces Pricing of Public Offering of Common Stock – Business Wire” published on January 15, 2019 as well as Seekingalpha.com‘s news article titled: “Everbridge, Inc. (EVBG) CEO Jaime Ellertson on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 06, 2018.

Everbridge, Inc. (NASDAQ:EVBG) Ratings Chart

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