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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Bullboard Posts
Post by prowler1on Mar 08, 2013 9:28am
172 Views
Post# 21098986

BlackBerry (BBRY) Shorts Trim Positions as Z10 Rol

BlackBerry (BBRY) Shorts Trim Positions as Z10 Rol

As the launch of BlackBerry's (Nasdaq: BBRY) Z10 in the U.S. and other markets continues to spread through March, some short-sellers are heeding a bit of caution.

According to the latest market data, about 19.5 percent of BlackBerry shares are being held short, down 4.6 points from a 52-week high of 24.1 percent reached on March 1, 2013.

Bloomberg also noted today that holdings of institutional investors that lend shares are also up to one-fifth of BlackBerry's market cap over the last month.

The move seems to have been a good one, with shares up about 1.6 percent since the close March 1st. Into the open Friday, BlackBerry is up about 1.4 percent.

 

Bullboard Posts