Shorts On Watch: SIGNAL BAY INCORPORATED (OTCMKTS:SGBY) Shorted Shares Increased By 409.67%

November 15, 2016 - By Richard Conner   ·   0 Comments

Shorts On Watch: SIGNAL BAY INCORPORATED (OTCMKTS:SGBY) Shorted Shares Increased By 409.67%

The stock of SIGNAL BAY INCORPORATED (OTCMKTS:SGBY) registered an increase of 409.67% in short interest. SGBY’s total short interest was 1.14M shares in November as published by FINRA. Its up 409.67% from 223,300 shares, reported previously. About 6.32M shares traded hands. Signal Bay Inc (OTCMKTS:SGBY) has risen 2207.69% since April 18, 2016 and is uptrending. It has outperformed by 2203.77% the S&P500.

Signal Bay, Inc. , through its subsidiaries, provides advisory, management and analytical testing services to the legalized cannabis industry. The company has a market cap of $22.30 million. The Company’s divisions are Signal Bay Consulting (SBC) and CR Labs, Inc. (CRLB). It currently has negative earnings. SBC provides advisory, licensing and compliance services to the cannabis industry.

SGBY Company Profile

Signal Bay, Inc. (Signal Bay), incorporated on December 15, 2003, through its subsidiaries, provides advisory, management and analytical testing services to the legalized cannabis industry. The Company’s divisions are Signal Bay Consulting (SBC) and CR Labs, Inc. (CRLB). SBC provides advisory, licensing and compliance services to the cannabis industry. SBC’s clients are located in states that have state managed medical and/or recreational programs. SBC assists these companies with license applications, business planning, state compliance and ongoing operational support. CRLB provides analytical testing services to the cannabis industry. CRLB’s clients are located in Oregon and consist of growers, processors and dispensaries.

More news for Signal Bay Inc (OTCMKTS:SGBY) were recently published by: Globenewswire.com, which released: “Signal Bay Inc. Acquires Kenevir Research” on June 06, 2016. Businesswire.com‘s article titled: “Signal Bay Inc. Completes Acquisition of Oregon Analytical Testing Laboratory” and published on September 21, 2015 is yet another important article.

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By Richard Conner


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