
In other words, the investor’s shares have fallen by -149,802 from its previous 13-F filing of 30610623.0. In filings from The Vanguard Group, Inc., it is revealed that the company now owns 30,460,821 shares, or roughly 10.64% of the outstanding DBX shares. In spite of short shares comprising just 6.51% of the overall stock float, the days-to-cover ratio (short ratio) fell to 6.48. There was a decline of -2.72%, which implies that there is a negative sentiment for the stock. Yahoo Finance data shows the prior-month short interest on was 16.61 million shares. stocks on Jul 14, 2022, dropping by -0.44 million shares to a total of 16.17 million shares. How much short interest is there in Dropbox Inc.?Ī steep rise in short interest was recorded in Dropbox Inc. Stochastics %K at 26.92% indicates the stock is a holding. Percent R suggests that price movement has been bearish at 91.97%. The Relative Strength Index (RSI) on the 14-day chart is 37.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. A further resistance level may holdings at 20.77. On the upside, there is a resistance level at 20.42. The 24-hour chart illustrates a support level at 19.80, which if violated will result in even more drops to 19.54. Levels Of Support And Resistance For DBX Stock A total of 2.84 million shares were traded, compared to the trading of 2.13 million shares in the previous session. SMA at 50 days reached $22.23, while 200 days put it at $22.46. Nevertheless, the stocks have fallen -29.53% over the past one year. shares have fallen nearly -18.22% since the year began. Over the last five days, the stock has lost -8.10%. On the same session, the stock had its day’s lowest price of $19.885, but rose to a high of $20.50. Berenberg started covering the stock on December 02, 2021. Citigroup began covering DBX with “Neutral” recommendation on September 01, 2022. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. PT values the company’s stock at a premium of 33.1 to its Tuesday closing price. rating to an Overweight in a research note published on Tuesday, Septemthe price target was $30. KeyBanc Capital Markets initiated its Dropbox Inc. As a result of the transaction, Volkmer Bart now holds 293,618 shares, worth roughly $5.89 million. shares valued at $253,319 were divested by the Chief Legal Officer at a price of $23.03 per share. Upon selling the shares at $20.06, the President now owns 1,554,623 shares.īefore that, Volkmer Bart sold 11,000 shares. sold 15,000 shares, generating $300,938 in total proceeds.
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Sign up here to get your free report now. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest. For more information on our mission and products, visit finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. Dropbox is headquartered in San Francisco, CA. With more than 700 million registered users across 180 countries, we’re on a mission to design a more enlightened way of working. ĭropbox is one place to keep life organized and keep work moving. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at. To ensure you are connected prior to the beginning of the call, participants should register a minimum of 10 minutes before the start of the call. Once registered, the participant will receive a dial-in number and unique PIN number to access the call. The conference call can be accessed by using the web link at Dropbox’s Q3 2022 earnings call. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. (NASDAQ: DBX) announced today that it will report financial results for the third quarter ended Septemafter market close on Thursday, November 3, 2022. SAN FRANCISCO-( BUSINESS WIRE)-Dropbox, Inc.
