Cognizant Technology Solutions' short interest increased 5.2% in September, reaching 14.24M shares.
Cognizant Technology Solutions (NASDAQ: CTSH) saw short interest rise 5.2% in September, totaling 14,240,000 shares. The company reported Q2 earnings of $1.17 per share, surpassing estimates, and revenue of $4.85 billion. Analysts have upgraded the stock, with several raising price targets. CEO Ravi Kumar Singisetti sold 6,728 shares in August. Institutional investors are actively adjusting their positions in the company.
October 18, 2024
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