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


Share on StockTwits

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.

Featured Story: Why Net Income is Important to Investors

Receive News & Ratings for Iota Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iota Communications and related companies with MarketBeat.com's FREE daily email newsletter.