Paypal Holdings Inc (NASDAQ:PYPL) Sellers Decreased By 0.5% Their Shorts

PayPal Holdings, Inc. (NASDAQ:PYPL) Corporate Logo

Paypal Holdings Inc (NASDAQ:PYPL) reported a decrease of 0.5% in short interest. It was announced in December by FINRA the 17.62 million short interest on PYPL. The down change of 0.5% from 17.71M shares was reported. Former PYPL’s position will need 3 days to restore. It has 5.64 million average volume. Float short on Paypal Holdings Inc is 1.57%.

The stock decreased 1.83% or $1.54 during the last trading session, reaching $82.65.PayPal Holdings, Inc. has volume of 1.34 million shares. Since December 6, 2017 PYPL has risen 47.70% and is uptrending. PYPL outperformed the S&P 500 by 32.08%.

PayPal Holdings, Inc. operates as a technology platform firm that enables digital and mobile payments on behalf of clients and merchants worldwide.The firm is worth $97.39 billion. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products.The P/E ratio is 47.77. The company's platform allows clients to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

PayPal Holdings, Inc. (NASDAQ:PYPL) Ratings Coverage

Total analysts of 17 have positions in PayPal Holdings (NASDAQ:PYPL) as follows: 16 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 94%. The firm has $119 highest while $88 is the lowest target. The average target $98.65 is 19.36% above the last ($82.65) price. Since June 8, 2018 according to StockzIntelligence Inc PayPal Holdings has 21 analyst reports. On Friday, October 19 the stock has “Buy” rating by BTIG Research. On Monday, November 26 the stock of PayPal Holdings, Inc. (NASDAQ:PYPL) has “Buy” rating given by Buckingham Research. The stock rating was reinitiated by Jefferies with “Buy” on Tuesday, July 10. On Thursday, July 26 the firm has “Overweight” rating by Morgan Stanley given. On Tuesday, November 27 the stock has “Buy” rating by Stephens. On Monday, October 22 BMO Capital Markets maintained PayPal Holdings, Inc. (NASDAQ:PYPL) rating. BMO Capital Markets has “Outperform” rating and $119 target. On Friday, July 20 the stock of PayPal Holdings, Inc. (NASDAQ:PYPL) has “Buy” rating given by Citigroup. On Tuesday, September 11 KeyBanc Capital Markets maintained PayPal Holdings, Inc. (NASDAQ:PYPL) rating. KeyBanc Capital Markets has “Overweight” rating and $105 target. On Tuesday, September 11 the stock has “Buy” rating by Bank of America. In Friday, October 19 report Canaccord Genuity maintained it with “Hold” rating and $88 target.

For more PayPal Holdings, Inc. (NASDAQ:PYPL) news brought out briefly go to: Nasdaq.com, Nasdaq.com, Nasdaq.com, Investorplace.com or Seekingalpha.com. The titles are as follows: “Paypal (PYPL) Stock Sinks As Market Gains: What You Should Know – Nasdaq” brought out on September 14, 2018, “Investors Should Still Decline the Purchase of SQ Stock – Nasdaq” on November 26, 2018, “PYPL Crosses Below Key Moving Average Level – Nasdaq” with a publish date: October 08, 2018, “5 Top Stock Trades for Friday: JPMorgan, J.C. Penney and Walmart – Investorplace.com” and the last “PayPal reports amended $5.0B credit facility – Seeking Alpha” with publication date: November 27, 2018.

PayPal Holdings, Inc. (NASDAQ:PYPL) Analyst Ratings Chart

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