Atlassian Corporation Plc – Class A Ordinary Share (NASDAQ:TEAM) Sellers Reduced Their Shorts By 8.64%

Atlassian Corporation Plc (NASDAQ:TEAM) Corporate Logo

Change of 8.64% for Atlassian Corporation Plc – Class A Ordinary Share (NASDAQ:TEAM)’s shorted shares was reported. FINRA announced in November TEAM’s total 6.90 million shorted shares. That’s 8.64% down from 7.55M shares. With Average volume 1.37 million, TEAM’s former position will take 5 days to restore. Atlassian Corporation Plc – Class A Ordinary Share’s shorted shares float is 6.86%.

TEAM is reaching $73.29 during the last trading session, after decreased 3.50%.Atlassian Corporation Plc has volume of 684,307 shares. Since November 10, 2017 TEAM has risen 165.03% and is uptrending. The stock outperformed the S&P500 by 149.41%.

Atlassian Corporation Plc, through its subsidiaries, provides team collaboration and productivity software solutions worldwide.The firm is valued at $17.42 billion. It offers project tracking, content creation and sharing, real-time communication, and service management products to large and small organizations.Last it reported negative earnings. The company??s products include JIRA, a workflow management system that enables teams to plan, organize, track, and manage their work and projects; Confluence, a content collaboration platform that is used to create, share, organize, and discuss projects; HipChat that provides teams a way to communicate in real-time and share ideas, updates, codes, and files; Trello, a Web project management application for capturing and adding structure to fluid and fast-forming work for teams; Bitbucket, a code management and collaboration product for teams using distributed version control systems; and JIRA Service Desk, a service desk product for creating and managing service experiences for various service team providers, including IT help desks, and legal and HR teams.

A couple more Atlassian Corporation Plc (NASDAQ:TEAM) news were announced by: Seekingalpha.com which released on October 24, 2018 “Billion-Dollar Unicorns: Atlassian Prepares To Take On ServiceNow”, also Seekingalpha.com on October 18, 2018 announced “Atlassian -6% despite Q1 beat and strong guidance”, the next Seekingalpha.com is “Atlassian: The Problem Is Price, Not Performance” on October 19, 2018. Seekingalpha.com has article titled “Atlassian: At-Long-Lass”.

Atlassian Corporation Plc (NASDAQ:TEAM) Analyst Ratings Chart

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