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Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the HP posted a nearly 10% drop in quarterly revenue. (David Paul Morris/Bloomberg News) HP (HPQ) shares are under pressure, after the maker of computers and printers reported a near-10% drop in .

HP Inc.’s stock skidded 10.7% in extended trading Tuesday after the computing giant reported mixed results and offered a cautious outlook. “While we expect another quarter of sequential growth HP’s total revenue dropped 9.9% YoY to $13.20 billion, which was short of Refinitiv’s consensus estimate of $13.37 billion. Revenue of its personal systems unit dropped 11%YoY to $8.9 billion..

HP posted a nearly 10% drop in quarterly revenue. (David Paul Morris/Bloomberg News) HP (HPQ) shares are under pressure, after the maker of computers and printers reported a near-10% drop in Benzinga - by Benzinga Insights, Benzinga Staff Writer. HP's (NYSE:HPQ) short percent of float has risen 39.04% since its last report. The company recently reported that it has 17.54 million shares .

Shares of HP Inc. HPQ, -6.63% skidded 8% to lead S&P 500 decliners following an earnings report highlighted by a third straight revenue miss and warnings of a challenging economy for the PC and .

On Tuesday, HP Inc HPQ showed a mixed picture with its fiscal third quarter report as inflation and economic uncertainty continue to weaken the demand for consumer electronics, with the PC market .

Warren Buffett's Berkshire Hathaway (NYSE:BRKa) has continued to reduce its stake in HP Inc. (NYSE:HPQ), selling approximately $130 million worth of HP stock over the last three days of the last week..

Investing.com - HP reported fiscal third-quarter revenue that fell short of Wall Street estimates and weaker-than-expected annual earnings guidance amid a weaker backdrop for PC demand..

HP Inc (NYSE:HPQ) experienced a daily loss of -10.3%, and a 3-month gain of 1.1%, with an Earnings Per Share (EPS) of 2.64. Is the stock modestly undervalued? This article presents an in-depth .