Today’s Short Interest: What’s Next for SNOOGOO CORPORATION (OTCMKTS:SGOO) After Having More Shares Shorted?

November 15, 2016 - By Linda Rogers   ·   0 Comments

Today's Short Interest: What's Next for SNOOGOO CORPORATION (OTCMKTS:SGOO) After Having More Shares Shorted?

The stock of SNOOGOO CORPORATION (OTCMKTS:SGOO) registered an increase of 750% in short interest. SGOO’s total short interest was 6,800 shares in November as published by FINRA. Its up 750% from 800 shares, reported previously. With 31,600 shares average volume, it will take short sellers 0 days to cover their SGOO’s short positions. The stock last traded at $0.0127 per share. It is down 56.67% since April 13, 2016 and is downtrending. It has underperformed by 60.59% the S&P500.

Snoogoo Corp. is a development-stage company. The company has a market cap of $1.34 million. The Firm provides a social information network technology platform. It currently has negative earnings. The Company’s platform is designed to help users to search, save, share, create and organize their digital life.

SGOO Company Profile

Snoogoo Corp., incorporated on September 26, 2006, is a development-stage company. The Firm provides a social information network technology platform. The Company’s platform is designed to help users to search, save, share, create and organize their digital life. The Company’s platform taps into various contents available on Snoogoo, search engines, video, audio and image resources, as well as social media and reference sources. The Firm offers a research tool for general information gathering and sharing, in education, for shopping and social portal. The Firm intends to use the technology to launch Web and mobile applications targeting the online search and share community.

More notable recent Snoogoo Corp (OTCMKTS:SGOO) news were published by: Businesswire.com which released: “Casey Container Corp. Changes Name to Snoogoo Corp. and Commences Trading …” on February 24, 2015, also Businesswire.com with their article: “Snoogoo Goes Live with the Best of Search, Save and Share Technology All in …” published on June 29, 2015, Marketwired.com published: “Snoogoo Corp. Signs Letter Of Intent With iSparked West for Staged Funding in …” on February 16, 2016. More interesting news about Snoogoo Corp (OTCMKTS:SGOO) were released by: Reuters.com and their article: “Casey Container Corp changes name to Snoogoo Corp” published on February 24, 2015 as well as Reuters.com‘s news article titled: “Casey Container Corp completes purchase agreement acquiring proprietary search and share technology” with publication date: February 17, 2015.

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By Linda Rogers


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