Today Zynga Inc – Class A (NASDAQ:ZNGA) Reported Increase in Shorted Shares

Investors sentiment increased to 1.23 in 2019 Q1. Its up 0.09, from 1.14 in 2018Q4. It is positive, 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.
Blue Harbour Gp Lp has invested 2.02% in Zynga Inc. (NASDAQ:ZNGA). Illinois-based Oakbrook Invs Lc has invested 0.01% in Zynga Inc. (NASDAQ:ZNGA). Bluemountain Cap reported 0.06% in Zynga Inc. (NASDAQ:ZNGA). Manufacturers Life Insurance The stated it has 3.14 million shares. Eam Invsts Limited Company stated it has 352,254 shares or 0.46% of all its holdings. Commerzbank Aktiengesellschaft Fi reported 97,112 shares stake. Advisory Llc reported 200 shares stake. Highbridge Capital Mgmt Ltd Llc reported 0.19% in Zynga Inc. (NASDAQ:ZNGA). Bessemer Grp holds 0% of its portfolio in Zynga Inc. (NASDAQ:ZNGA) for 30,704 shares. Jane Street Grp Ltd holds 0% in Zynga Inc. (NASDAQ:ZNGA) or 22,099 shares. Gideon Cap Advsrs owns 0.13% invested in Zynga Inc. (NASDAQ:ZNGA) for 67,442 shares. Macquarie Gru Ltd reported 367,549 shares or 0% of all its holdings. Dimensional Fund L P holds 26.09M shares or 0.06% of its portfolio. Jpmorgan Chase & owns 958,987 shares. Weiss Multi holds 600,000 shares or 0.08% of its portfolio.

The stock of Zynga Inc – Class A (NASDAQ:ZNGA) registered an increase of 15.91% in short interest. ZNGA’s total short interest was 41.63M shares in September as published by FINRA. Its up 15.91% from 35.92M 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. The firm earned “Overweight” rating on Monday, April 29 by KeyBanc Capital Markets. Robert W. Baird upgraded the shares of ZNGA in report on Thursday, May 2 to “Outperform” rating. Wedbush maintained Zynga Inc. (NASDAQ:ZNGA) on Thursday, August 1 with “Outperform” rating. As per Thursday, May 2, the company rating was maintained by Bank of America. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Neutral” rating by Bank of America on Thursday, August 1. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Overweight” rating by Stephens on Thursday, May 30. The firm earned “Outperform” rating on Tuesday, August 27 by Wedbush.

More notable recent Zynga Inc. (NASDAQ:ZNGA) news were published by: Nasdaq.com which released: “Zynga Enters Oversold Territory (ZNGA) – Nasdaq” on August 15, 2019, also Nasdaq.com with their article: “Will Soft Calvin Klein Unit Mar PVH Corp’s (PVH) Q2 Earnings? – Nasdaq” published on August 19, 2019, Finance.Yahoo.com published: “Stocks: Papa John’s Soars in Premarket; J&J, Comcast, Zynga All Rise – Yahoo Finance” on August 27, 2019. More interesting news about Zynga Inc. (NASDAQ:ZNGA) were released by: Fool.com and their article: “Can Snap Generate $350 Million in Annual Gaming Revenue by 2022? – Motley Fool” published on September 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Can You Imagine How Chuffed Zynga’s (NASDAQ:ZNGA) Shareholders Feel About Its 133% Share Price Gain? – Yahoo Finance” with publication date: May 25, 2019.

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart

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