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tw telecom inc. (NASDAQ:TWTC) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 2,749,870 shares, a decrease of 21.6% from the March 31st total of 3,507,803 shares, Stock Ratings Network.com reports. Based on an average daily trading volume, of 644,922 shares, the days-to-cover ratio is presently 4.3 days. Approximately 2.0% of the shares of the company are short sold.

Shares of tw telecom inc. (NASDAQ:TWTC) opened at 31.04 on Thursday. tw telecom inc. has a 1-year low of $25.83 and a 1-year high of $32.05. The stock has a 50-day moving average of $30.74 and a 200-day moving average of $30.11. The company has a market cap of $4.365 billion and a price-to-earnings ratio of 129.08.

tw telecom inc. (NASDAQ:TWTC) last released its earnings data on Wednesday, May 7th. The company reported $0.07 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.10 by $0.03. The company had revenue of $408.30 million for the quarter, compared to the consensus estimate of $406.74 million. During the same quarter last year, the company posted $0.09 earnings per share. tw telecom inc.’s revenue was up 7.1% compared to the same quarter last year. Analysts expect that tw telecom inc. will post $0.47 EPS for the current fiscal year.

tw telecom inc. is a national provider of managed network services, specializing in business Ethernet, data networking, Converged, Internet protocol-based virtual private network (NASDAQ:TWTC), Internet access, voice, including voice over Internet Protocol (VoIP), and network security services to enterprise organizations, including public sector entities, and carriers throughout the United States, including their global locations.

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