As of Jun 29, 2018 Zendesk Inc (NYSE:ZEN) Sellers Reduced Their Shorts By 4.42%

June 29, 2018 - By Michael Lund

Zendesk, Inc. (NYSE:ZEN) Corporate Logo

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

Ticker’s shares touched $54.2801 during the last trading session after 0.93% change.Zendesk, Inc. has volume of 307,553 shares. Since June 29, 2017 ZEN has risen 119.18% and is uptrending. ZEN outperformed by 106.61% the S&P500.

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 Wednesday, February 7 the firm has “Equal-Weight” rating given by Stephens. In Wednesday, January 17 report RBC Capital Markets maintained it with “Buy” rating and $42.0 target. On Wednesday, February 7 the rating was maintained by Morgan Stanley with “Overweight”. In Wednesday, February 7 report Piper Jaffray maintained it with “Buy” rating and $46.0 target. On Friday, May 18 Stifel Nicolaus maintained Zendesk, Inc. (NYSE:ZEN) with “Hold” rating. On Wednesday, January 10 the rating was maintained by Guggenheim with “Buy”. The stock rating was maintained by Cowen & Co with “Buy” on Wednesday, May 2. On Tuesday, March 13 the company was maintained by KeyBanc Capital Markets. On Wednesday, February 7 the stock of Zendesk, Inc. (NYSE:ZEN) earned “Buy” rating by Craig Hallum. In Friday, May 18 report Rosenblatt maintained it with “Buy” rating and $5900 target.

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

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