Microsoft Corporation (NASDAQ:MSFT) Sellers Covered 1.35% of Their Shorts

The stock of Microsoft Corporation (NASDAQ:MSFT) registered a decrease of 1.35% in short interest. MSFT’s total short interest was 55.34M shares in March as published by FINRA. Its down 1.35% from 56.10 million shares, reported previously. With 32.03M shares average volume, it will take short sellers 2 days to cover their MSFT’s short positions. The short interest to Microsoft Corporation’s float is 0.75%. The stock is up 0.49% or $0.26 after the news, hitting $53.85 per share. About 5.34 million shares traded hands. Microsoft Corporation (NASDAQ:MSFT) has risen 13.23% since August 10, 2015 and is uptrending. It has outperformed by 17.42% the S&P500.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software services and products. The company has a market cap of $429.28 billion. The Firm also creates and sells hardware, and delivers online advertising to the customers. It has 38.35 P/E ratio. The Firm operates in five divisions: Devices and Consumer Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.

The institutional sentiment increased to 1.08 in 2015 Q3. Its up 0.32, from 0.76 in 2015Q2. The ratio is positive, as 69 funds sold all Microsoft Corporation shares owned while 801 reduced positions. 93 funds bought stakes while 843 increased positions. They now own 5.20 billion shares or 8.27% less from 5.67 billion shares in 2015Q2.

Cook & Bynum Capital Management Llc holds 25.5% of its portfolio in Microsoft Corporation for 717,081 shares. Rwwm Inc. owns 895,414 shares or 19.69% of their US portfolio. Moreover, Valueact Holdings L.P. has 19.37% invested in the company for 75.27 million shares. The California-based Smithwood Advisers L.P. has invested 17.28% in the stock. Deccan Value Investors L.P., a Connecticut-based fund reported 2.26 million shares.

Out of 32 analysts covering Microsoft Corporation (NASDAQ:MSFT), 21 rate it “Buy”, 3 “Sell”, while 10 “Hold”. This means 62% are positive. Microsoft Corporation was the topic in 47 analyst reports since July 22, 2015 according to StockzIntelligence Inc.

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