Will INTERNET THINGS ORD (OTCMKTS:INOTF) Run Out of Steam Soon? Short Interest is Up

February 13, 2018 - By Winifred Garcia

The stock of INTERNET THINGS ORD (OTCMKTS:INOTF) registered an increase of 121.98% in short interest. INOTF’s total short interest was 51,500 shares in February as published by FINRA. Its up 121.98% from 23,200 shares, reported previously. With 161,200 shares average volume, it will take short sellers 0 days to cover their INOTF’s short positions.

The stock decreased 10.08% or $0.0092 during the last trading session, reaching $0.0821. About 110,954 shares traded or Infinity% up from the average. Internet of Things Inc. (OTCMKTS:INOTF) has 0.00% since February 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Internet of Things Inc. operates as an Internet of Things technology accelerator and industry acquisition company. The company has market cap of $13.88 million. It acquires and implements strategic and disruptive technology solutions for the Industrial IoT markets, including manufacturing, energy management, agriculture, transportation, cybersecurity, e-commerce, and fintech. It currently has negative earnings. The firm was formerly known as HTN, Inc. and changed its name to Internet of Things Inc. in January 2015.

More notable recent Internet of Things Inc. (OTCMKTS:INOTF) news were published by: Finance.Yahoo.com which released: “3 “Internet of Things” Stocks to Buy for 2018″ on February 12, 2018, also Reuters.com with their article: “Google hires former Samsung executive to coordinate Internet of Things projects” published on February 13, 2018, Forbes.com published: “Blockchain And The Internet Of Things: 4 Important Benefits Of Combining These …” on January 29, 2018. More interesting news about Internet of Things Inc. (OTCMKTS:INOTF) were released by: Techcrunch.com and their article: “Mozilla announces an open gateway for the internet of things” published on February 06, 2018 as well as Forbes.com‘s news article titled: “Business Is Embracing Internet Of Things As Most Important Technology, Says …” with publication date: January 16, 2018.

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