Could Maxar Technologies (NYSE:MAXR) Go Up After Its Newest Short Interest Report?

February 15, 2018 - By Linda Rogers

 Could Maxar Technologies (NYSE:MAXR) Go Up After Its Newest Short Interest Report?

The stock of Maxar Technologies (NYSE:MAXR) registered an increase of 1.3% in short interest. MAXR’s total short interest was 3.08M shares in February as published by FINRA. Its up 1.3% from 3.04M shares, reported previously. With 75,300 shares average volume, it will take short sellers 41 days to cover their MAXR’s short positions.

The stock decreased 0.91% or $0.53 during the last trading session, reaching $57.79. About 63,727 shares traded. Maxar Technologies Ltd. (NYSE:MAXR) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Maxar Technologies Ltd., a communications and information company, provides operational solutions to commercial and government organizations worldwide. The company has market cap of $3.22 billion. The firm operates in two divisions, Communications, and Surveillance and Intelligence. It has a 34.6 P/E ratio. The Communications segment offers solutions for the delivery of a range of services, including television and radio distribution, broadband Internet, and mobile communications.

More notable recent Maxar Technologies Ltd. (NYSE:MAXR) news were published by: Streetinsider.com which released: “Maxar Technologies Ltd. (MAXR) Declares $0.37 Quarterly Dividend; 2.4% Yield” on November 02, 2017, also Businesswire.com with their article: “Maxar Technologies, Leader in New Space Economy, Announces Move of its …” published on February 14, 2018, Seekingalpha.com published: “Maxar Technologies – Transferring To A Higher Orbit” on October 18, 2017. More interesting news about Maxar Technologies Ltd. (NYSE:MAXR) were released by: Prnewswire.com and their article: “Maxar Technologies’ MDA to provide innovative industry leading technology for …” published on February 13, 2018 as well as Prnewswire.com‘s news article titled: “Maxar Technologies’ MDA extends industry leadership in unmanned airborne …” with publication date: February 09, 2018.

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