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Net Element International Inc (NETE) Short Intere

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Post# of 23071
Posted On: 12/28/2015 9:52:14 AM
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Posted By: fitzkarz
Net Element International Inc (NETE) Short Interest Up 66.1% in December
December 28th, 2015 - By Faye Duncan - 0 comments

Net Element International logoNet Element International Inc (NASDAQ:NETE) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 1,087,249 shares, an increase of 66.1% from the November 30th total of 654,502 shares, AnalystRatingsNetwork.com reports. Based on an average daily volume of 16,617,423 shares, the days-to-cover ratio is currently 0.1 days. Approximately 3.0% of the shares of the stock are sold short.

Net Element International (NASDAQ:NETE) opened at 0.211 on Monday. Net Element International has a 52-week low of $0.05 and a 52-week high of $1.43. The company’s market cap is $16.88 million. The firm’s 50-day moving average is $0.18 and its 200-day moving average is $0.23.


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