Appfolio Inc – Class A (NASDAQ:APPF) on Focus After Report of Less Shorts

September 16, 2018 - By Hazel Jackson

AppFolio, Inc. (NASDAQ:APPF) Logo

The stock of Appfolio Inc – Class A (NASDAQ:APPF) registered a decrease of 6.16% in short interest. APPF’s total short interest was 571,400 shares in September as published by FINRA. Its down 6.16% from 608,900 shares, reported previously. With 135,500 shares average volume, it will take short sellers 4 days to cover their APPF’s short positions. The short interest to Appfolio Inc – Class A’s float is 4.39%.

The stock decreased 2.20% or $2 during the last trading session, reaching $88.85. About 164,427 shares traded or 5.56% up from the average. AppFolio, Inc. (NASDAQ:APPF) has risen 95.90% since September 16, 2017 and is uptrending. It has outperformed by 80.28% the S&P500.

AppFolio, Inc. provides industry-specific cloud software solutions for small and medium-sized businesses in property management and legal industries. The company has market cap of $3.04 billion. It offers AppFolio Property Manager, a solution for the operational requirements of small and medium-sized property managers, including posting and tracking tenant vacancies, handling the leasing process electronically, administering maintenance and repairs with their vendor networks, and managing accounting and reporting to property owners, as well as for communicating with tenants and owners. It has a 174.56 P/E ratio. The firm also provides MyCase, a practice and case management solution that provides time tracking, billing, calendaring, client communication, and coordination with other lawyers and support staff, and legal document management and assembly for practitioners and small law firms.

More news for AppFolio, Inc. (NASDAQ:APPF) were recently published by: Seekingalpha.com, which released: “Appfolio Is The Growth Story You Haven’t Heard Of” on August 21, 2018. Globenewswire.com‘s article titled: “AppFolio Acquires Utility Analytics Company” and published on September 04, 2018 is yet another important article.

AppFolio, Inc. (NASDAQ:APPF) Ratings Chart

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