AppFolio, Inc. ( NASDAQ:APPF – Get Rating ) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 574,300 shares, a decrease of 8.4% from the May 15th total of 627,100 shares. Approximately 3.1% of the shares of the stock are short sold. Based on an average daily volume of 111,100 shares, the days-to-cover ratio is presently 5.2 days. AppFolio Price Performance AppFolio stock opened at $173.24 on Friday. The firm has a 50 day simple moving average of $143.

https://www.dailypolitical.com/2023/06/18/appfolio-inc-nasdaqappf-short-interest-down-8-4-in-may.html

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