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Cisco Systems's (NASDAQ:CSCO) short percent of float has fallen 13.68% since its last report. The company recently reported that it has 33.87 million shares sold short, which is 0.82% of all regular shares that are available for trading.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) has partnered with Cisco to accelerate cloud transformation for customers. The partnership will enable Wipro customers to deploy Wipro FullStride Cloud Service to enable a fully automated hybrid-cloud stack, reducing the implementation time and enhancing the user experience.
Rosenblatt analyst Kevin Cassidy sees Ambarella, Inc's (NASDAQ: AMBA) July quarter as the trough due to a perfect storm of events hitting their business.