Important Short Interest Filing: Is Buying SFX ENTERTAINMENT INCORPORATED (OTCMKTS:SFXEQ), Having Higher Short Interest a Winning Strategy?

November 15, 2016 - By Linda Rogers   ·   0 Comments

Important Short Interest Filing: Is Buying SFX ENTERTAINMENT INCORPORATED (OTCMKTS:SFXEQ), Having Higher Short Interest a Winning Strategy?

The stock of SFX ENTERTAINMENT INCORPORATED (OTCMKTS:SFXEQ) registered an increase of 0.53% in short interest. SFXEQ’s total short interest was 3.92M shares in November as published by FINRA. Its up 0.53% from 3.90M shares, reported previously. With 198,000 shares average volume, it will take short sellers 20 days to cover their SFXEQ’s short positions. About 955,617 shares traded hands or 311.93% up from the average. SFX Entertainment Inc (OTCMKTS:SFXEQ) has declined 91.43% since April 13, 2016 and is downtrending. It has underperformed by 95.36% the S&P500.

SFX Entertainment, Inc. is a United States producer of live events and digital entertainment content focused on the electronic music culture . The company has a market cap of $445,021. The Firm operates in two divisions: Live Events, consisting of the production of its live events and includes revenue from ticket sales, ticketing fees and commissions, food, beverages and merchandise, license fees, event specific sponsorships and advertising, and Platform, a 365-day yearly engagement with its fans outside of live events and includes sales of digital music, and certain sponsorship and marketing activity. It currently has negative earnings. It presents EMC festivals and events, many of which have over a decade of history, followers and vibrant social communities surrounding them.

SFXEQ Company Profile

SFX Entertainment, Inc., incorporated on June 05, 2012, is a producer of live events and digital entertainment content focused on the electronic music culture (EMC). The Firm operates in two divisions: Live Events, consisting of the production of its live events and includes revenue from ticket sales, ticketing fees and commissions, food, beverages and merchandise, license fees, event specific sponsorships and advertising, and Platform, which is its 365-day yearly engagement with its fans outside of live events and includes sales of digital music and certain sponsorship and marketing activity. The Firm presents EMC festivals and events, many of which have over a decade of history, passionate followers and vibrant social communities surrounding them. The Company’s live events and brands include Tomorrowland, TomorrowWorld, Mysteryland, Sensation, Stereosonic, Electric Zoo, Disco Donnie Presents, Life in Color, Nature One, Mayday, Decibel, Q-Dance, Awakenings, React Presents, Beatport, Flavorus, Paylogic and many others. In addition, the Company owns a 40% interest in the Rock in Rio festival brand and a 50% interest in ALDA, a European tour organizer and concept developer for DJs and festivals. The Company’s business is composed of live entertainment festivals, events and select EMC venues, ticketing businesses and online properties, including AIR Festivals (AIR), ALDA Events (ALDA), B2S, Beatport, Disco Donnie Presents (DDP), Fame House, Flavorus, ID&T, i-Motion, Life in Color, Made Event and EZ Festivals (together, Made), MMG Nightlife (MMG), Monumental Productions (Monumental), Paylogic, Plus Talent, React Presents (React), Rock World, Teamwork Management (Teamwork) and Totem.

More notable recent SFX Entertainment Inc (OTCMKTS:SFXEQ) news were published by: Wsj.com which released: “SFX Entertainment Files for Chapter 11 Bankruptcy” on February 01, 2016, also Wsj.com with their article: “SFX Entertainment Gains Access to Bankruptcy Financing” published on February 03, 2016, Wsj.com published: “SFX Entertainment to Consider Bankruptcy Filing” on January 07, 2016. More interesting news about SFX Entertainment Inc (OTCMKTS:SFXEQ) were released by: Thestreet.com and their article: “SFX Entertainment (SFXE) Stock Closes Down After Going Private Offer Fails” published on August 14, 2015 as well as Fool.com‘s news article titled: “Why SFX Entertainment Inc. Stock Skyrocketed Today” with publication date: May 26, 2015.

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By Linda Rogers


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