Iota Communications, Inc. (OTCMKTS:IOTC) Sees Large Increase in Short Interest

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Iota Communications, Inc. (OTCMKTS:IOTC) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,000 shares, an increase of 525.0% from the December 15th total of 800 shares. Based on an average daily trading volume, of 155,900 shares, the days-to-cover ratio is currently 0.0 days.

Shares of IOTC stock remained flat at $$0.27 during trading on Wednesday. The company had a trading volume of 495,316 shares, compared to its average volume of 250,802. The business’s 50 day simple moving average is $0.14. Iota Communications has a 1-year low of $0.08 and a 1-year high of $0.43.

About Iota Communications

Iota Communications, Inc, through its subsidiaries, operates as a wireless network carrier and software-as-a-service company. The company operates through four segments: Iota Networks, Iota Commercial Solutions, Iota Communications, and Iota Holdings. It provides Internet of Things (IoT) solutions that optimize energy efficiency, sustainability and operations for businesses and commercial facilities.

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