Gladstone Land (LANDP) Is At $25.55 Formed Wedge; Momo – American Depositary Shares (MOMO) Sellers Decreased By 34.45% Their Shorts

Momo Inc – American Depositary Shares (NASDAQ:MOMO) had a decrease of 34.45% in short interest. MOMO’s SI was 6.82 million shares in June as released by FINRA. Its down 34.45% from 10.40 million shares previously. With 5.60M avg volume, 1 days are for Momo Inc – American Depositary Shares (NASDAQ:MOMO)’s short sellers to cover MOMO’s short positions. The SI to Momo Inc – American Depositary Shares’s float is 6.38%. The stock decreased 3.05% or $1.385 during the last trading session, reaching $43.955. About 4.45M shares traded or 2.06% up from the average. Momo Inc. (NASDAQ:MOMO) has risen 1.41% since June 27, 2017 and is uptrending. It has underperformed by 11.16% the S&P500. Some Historical MOMO News: 07/03/2018 – MOMO INC MOMO.O – MONTHLY ACTIVE USERS WERE 99.1 MLN IN DECEMBER 2017, COMPARED TO 81.1 MLN IN DECEMBER 2016; 07/03/2018 – MOMO INC MOMO.O – QTRLY DILUTED NET INCOME PER AMERICAN DEPOSITARY SHARE $0.47; 09/03/2018 – MOMO INC MOMO.O : HSBC RAISES TARGET PRICE TO $47 FROM $36; 15/05/2018 – HILLHOUSE EXITED MOMO, VIPS, TWTR, AMZN, CCJ IN 1Q: 13F; 07/03/2018 MOMO INC MOMO.O – QTRLY NON-GAAP DILUTED NET INCOME PER ADS $0.53; 27/04/2018 – Momo Files Annual Report on Form 20-F for Fiscal Year 2017; 11/05/2018 – MOMO REPORTS SUCCESSFUL CLOSING OF TANTAN TRANSACTION; 25/04/2018 – Lonestar Cell MTN and Youtap Launch Momo Pay in Liberia; 08/03/2018 – CryptoKitties launches in China, Hong Kong, and Taiwan; appoints Tuzki creator Momo Wang as brand ambassador and first contributor to Artist Series; 16/05/2018 – SYLEBRA ADDED PAGS, UNIT, ATUS, MOMO, SWCH IN 1Q: 13F

Gladstone Land Corporation (LANDP) formed wedge down with $24.02 target or 6.00% below today’s $25.55 share price. Gladstone Land Corporation (LANDP) has $208.03 million valuation. The stock increased 0.51% or $0.13 during the last trading session, reaching $25.554. About 500 shares traded. Gladstone Land Corporation (NASDAQ:LANDP) has declined 0.82% since June 27, 2017 and is downtrending. It has underperformed by 13.39% the S&P500.

Among 14 analysts covering Momo Inc (NASDAQ:MOMO), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Momo Inc had 25 analyst reports since August 31, 2016 according to SRatingsIntel. UBS upgraded Momo Inc. (NASDAQ:MOMO) on Thursday, May 31 to “Buy” rating. The firm earned “Buy” rating on Thursday, July 13 by Jefferies. The rating was maintained by Jefferies on Tuesday, October 3 with “Buy”. The firm has “Buy” rating by HSBC given on Monday, October 31. The rating was upgraded by JP Morgan on Monday, January 29 to “Overweight”. The company was initiated on Wednesday, August 31 by JP Morgan. As per Monday, June 18, the company rating was downgraded by Standpoint Research. The rating was maintained by Jefferies with “Buy” on Monday, June 12. Jefferies initiated the stock with “Buy” rating in Wednesday, February 8 report. On Monday, August 14 the stock rating was maintained by Jefferies with “Buy”.

Momo Inc. operates as a mobile-based social networking platform in the PeopleÂ’s Republic of China. The company has market cap of $8.95 billion. The companyÂ’s platform includes its Momo mobile application and various related features, functionalities, tools, and services that are provided to users, customers, and platform partners. It has a 24.99 P/E ratio. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations and interests; and Hani, a live video application.

More notable recent Momo Inc. (NASDAQ:MOMO) news were published by: Nasdaq.com which released: “Can Momo Keep Going After Last Week’s 27% Pop?” on June 04, 2018, also Seekingalpha.com with their article: “By The Numbers: Should You Buy Momo Stock?” published on June 13, 2018, Nasdaq.com published: “4 Reasons I’m Thinking of Buying Momo Stock” on June 03, 2018. More interesting news about Momo Inc. (NASDAQ:MOMO) were released by: Nasdaq.com and their article: “Momo Inc Shares Soar on Stellar Q1 Earnings Results” published on May 29, 2018 as well as Nasdaq.com‘s news article titled: “Why Momo, Inc. Stock Soared Today” with publication date: May 29, 2018.

Momo Inc. (NASDAQ:MOMO) Ratings Chart