Automatic Data Processing's (NASDAQ:ADP) short percent of float has risen 20.72% since its last report. The company recently reported that it has 5.58 million shares sold short, which is 1.34% of all regular shares that are available for trading.
Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 20 years by 1.36% on an annualized basis producing an average annual return of 8.84%. Currently, Automatic Data Processing has a market capitalization of $98.80 billion.
Tesla (TSLA) - Twitter (TWTR) shares closed up about 22% on Tuesday following reports Elon Musk would move forward with the originally-planned $44 billion deal for Twitter. Tesla could see consequences from Elon Musk
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Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 5 years by 7.71% on an annualized basis producing an average annual return of 17.57%. Currently, Automatic Data Processing has a market capitalization of $99.34 billion.
As investors, the name of the game is profit REGARDLESS of brand names.
The mistake many budding investors make is thinking the brand name is where the profit lies when, in fact, profit lies in the performance of the asset.