LifeLock Sees Large Increase in Short Interest (LOCK)
LifeLock (NYSE:LOCK) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 9,623,688 shares, an increase of 47.9% from the April 30th total of 6,505,014 shares, StockRatingsNetwork reports. Currently, 13.0% of the shares of the stock are sold short. Based on an average trading volume of 2,116,179 shares, the days-to-cover ratio is currently 4.5 days.
LifeLock (NYSE:LOCK) opened at 11.86 on Monday. LifeLock has a 52-week low of $10.42 and a 52-week high of $22.85. The stock has a 50-day moving average of $13.05 and a 200-day moving average of $16.96. The company has a market cap of $1.096 billion and a price-to-earnings ratio of 21.79.
LifeLock, Inc is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises.
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