Zynga Inc – Class A (NASDAQ:ZNGA) Shorted Shares Increased 15.91% After Market Selling

Investors sentiment increased to 1.23 in 2019 Q1. Its up 0.09, from 1.14 in 2018Q4. It increased, as 22 investors sold Zynga Inc. shares while 66 reduced holdings. 51 funds opened positions while 57 raised stakes. 651.42 million shares or 3.21% less from 673.02 million shares in 2018Q4 were reported.
Veritable L P reported 0% stake. Moreover, Tirschwell And Loewy has 0.1% invested in Zynga Inc. (NASDAQ:ZNGA). Van Eck Assoc Corporation holds 124,453 shares. 70,511 are held by Principal Group. 1.61 million were reported by Jefferies Group Inc Inc Ltd Limited Liability Company. Parkside Fin National Bank & Trust Tru owns 48 shares. Strs Ohio owns 81,065 shares for 0% of their portfolio. Prelude Capital Mgmt Ltd Liability Corp has 0.02% invested in Zynga Inc. (NASDAQ:ZNGA). Retirement Of Alabama accumulated 1.15 million shares. Morgens Waterfall Vintiadis And Company holds 2.48% of its portfolio in Zynga Inc. (NASDAQ:ZNGA) for 650,000 shares. Merian Glob Invsts (Uk) Ltd invested in 0% or 80,109 shares. Balyasny Asset Management Limited Co holds 0.02% in Zynga Inc. (NASDAQ:ZNGA) or 424,212 shares. Edge Wealth Lc accumulated 0% or 214 shares. Bessemer Grp owns 30,704 shares. Virginia Retirement Systems Et Al has invested 0.01% of its portfolio in Zynga Inc. (NASDAQ:ZNGA).

The stock of Zynga Inc – Class A (NASDAQ:ZNGA) registered an increase of 15.91% in short interest. ZNGA’s total short interest was 41.63 million shares in September as published by FINRA. Its up 15.91% from 35.92 million shares, reported previously. With 18.61M shares average volume, it will take short sellers 2 days to cover their ZNGA’s short positions. The short interest to Zynga Inc – Class A’s float is 4.87%.

The stock increased 0.70% or $0.04 during the last trading session, reaching $5.76. About 15.62 million shares traded. Zynga Inc. (NASDAQ:ZNGA) has risen 66.15% since September 11, 2018 and is uptrending. It has outperformed by 66.15% the S&P500.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States and internationally. The company has market cap of $5.41 billion. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. It currently has negative earnings. The companyÂ’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com.

Zynga Inc. (NASDAQ:ZNGA) Ratings Coverage

Among 6 analysts covering Zynga (NASDAQ:ZNGA), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Zynga has $900 highest and $600 lowest target. $7.58’s average target is 31.60% above currents $5.76 stock price. Zynga had 11 analyst reports since March 20, 2019 according to SRatingsIntel. On Thursday, May 30 the stock rating was upgraded by Stephens to “Overweight”. As per Tuesday, August 27, the company rating was maintained by Wedbush. Robert W. Baird upgraded Zynga Inc. (NASDAQ:ZNGA) rating on Thursday, May 2. Robert W. Baird has “Outperform” rating and $800 target. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Neutral” rating by Bank of America on Thursday, May 2. The firm has “Neutral” rating by Bank of America given on Thursday, August 1. The stock of Zynga Inc. (NASDAQ:ZNGA) has “Overweight” rating given on Monday, April 29 by KeyBanc Capital Markets. Wedbush maintained Zynga Inc. (NASDAQ:ZNGA) rating on Thursday, August 1. Wedbush has “Outperform” rating and $900 target.

More notable recent Zynga Inc. (NASDAQ:ZNGA) news were published by: Fool.com which released: “Can Snap Generate $350 Million in Annual Gaming Revenue by 2022? – Motley Fool” on September 05, 2019, also Nasdaq.com with their article: “ZNGA Crosses Above Average Analyst Target – Nasdaq” published on March 14, 2019, Nasdaq.com published: “Zynga (ZNGA) Outpaces Stock Market Gains: What You Should Know – Nasdaq” on June 28, 2019. More interesting news about Zynga Inc. (NASDAQ:ZNGA) were released by: Nasdaq.com and their article: “After Hours Most Active for Aug 26, 2019 : MPC, ZNGA, FOLD, HPQ, SNAP, VALE, AR, MOS, QQQ, CMCSA, CZR, CY – Nasdaq” published on August 26, 2019 as well as Nasdaq.com‘s news article titled: “Will Soft Calvin Klein Unit Mar PVH Corp’s (PVH) Q2 Earnings? – Nasdaq” with publication date: August 19, 2019.

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart

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