Institutions Now Hold 78.49% of PYPL

During the last session 28M of PayPal Holdings, Inc. (NasdaqGS:PYPL)’s shares were traded. The stock closed at $103.17 per share indicating that it lost -$0.48 or -0.46% during that day which brings the PayPal Holdings, Inc.’s valuation to $120.75B.

The 52-week high for the PayPal Holdings, Inc.’s shares is $310.16. That puts it -66.74% from that peak with a 52-week low of $101.71, while the S&P 500’s share price change was of 10.79%.

The company currently has a 29.45 P/E ratio and a price target of $185.33.

What does the trading volume tell us about the PYPL stock?

During the last trading session, PayPal Holdings, Inc. (NasdaqGS:PYPL) has seen growth in its daily volume. The daily volume was of 28M, while in the last 10 days the average was 27.81M and last three months – 19.11M.

Shrinking short interest

The PayPal Holdings, Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 17.96M shares being shorted which translates into 1.29 of a short ratio for PYPL, while in the previous month the shorted shares were 18.69M.

PayPal Holdings, Inc. (NasdaqGS:PYPL)’s financials

With a market cap of 120.75B, PayPal Holdings, Inc. holds a total cash of $9.5B that translates into $8.15 per share, while the total debt is of $9.81B.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 13.10%. The current revenue is of $25.37B that is $21.61 per share.

This is a great sign for a bright future.