Appfolio

APPF

AppFolio is a company that was founded in 2006 and offers software-as-a-service (SaaS) applications for vertical markets. AppFolio initially focused on property management software. With the acquisition of MyCase in 2012, it expanded into the law practice management industry. The company’s headquarters is in Goleta, California.

Appfolio has been a target of short sellers for a while. The current short interest of 9.82% is roughly at the average of the last 12 months (8.14%).