Red Hat (RHT) Sees Positive Trading Action

September 8, 2016 12:27 PM EDT

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Red Hat (NYSE: RHT) shares are seeing positive trading activity as they move off of session lows.

Net money flow is $13.5 million for an uptick-to-downtick ratio at 2.7 times, suggesting stronger buying pressure.

Short interest remains low at 3.1 percent of float.

The stock is down 0.3 percent.

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