Short Interest of The Day: After Reaching Milestone, Is SURNA INCORPORATED (OTCMKTS:SRNA)’s Short Interest Revealing Something?

November 16, 2016 - By Marie Mckinney   ·   0 Comments

Short Interest of The Day: After Reaching Milestone, Is SURNA INCORPORATED (OTCMKTS:SRNA)’s Short Interest Revealing Something?

The stock of SURNA INCORPORATED (OTCMKTS:SRNA) registered an increase of 48.71% in short interest. SRNA’s total short interest was 149,600 shares in November as published by FINRA. Its up 48.71% from 100,600 shares, reported previously. With 781,400 shares average volume, it will take short sellers 0 days to cover their SRNA’s short positions. About 1.05M shares traded hands. Surna Inc (OTCMKTS:SRNA) has risen 85.33% since April 14, 2016 and is uptrending. It has outperformed by 80.65% the S&P500.

Surna Inc. develops, designs and distributes cultivation technologies for controlled environment agriculture . The company has a market cap of $21.76 million. The Company’s segment is designing, manufacturing, and distributing indoor climate control systems, including but not limited to chillers, lights, reflectors, and irrigation systems, for use in conjunction with the state-regulated cannabis and CEA industry. It currently has negative earnings. The Company’s technologies include a line of optimized lighting, environmental control, air sanitation and cultivation facilities.

SRNA Company Profile

Surna Inc., incorporated on October 15, 2009, develops, creates and distributes cultivation technologies for controlled environment agriculture (CEA). The Company’s segment is designing, manufacturing, and distributing indoor climate control systems, including but not limited to chillers, lights, reflectors and irrigation systems, for use in conjunction with the state-regulated cannabis and CEA industry. The Company’s clients include state-regulated cannabis cultivation facilities, as well as traditional indoor agricultural facilities, including organic herb and vegetable producers. The Company’s technologies include a line of optimized lighting, environmental control, air sanitation and cultivation facilities. In addition, the Company offers mechanical design services specific to hydronic cooling including mechanical equipment and piping design. The Company’s products include Surna Chillers, Surna Reflectors, Hybrid Building and Air Sanitation.

More recent Surna Inc (OTCMKTS:SRNA) news were published by: Prnewswire.com which released: “Surna Inc. Reports Second Quarter 2016 Financial Results” on August 15, 2016. Also Prnewswire.com published the news titled: “Surna Inc. Reports Third Quarter 2016 Financial Results” on November 14, 2016. Prnewswire.com‘s news article titled: “Surna Inc. CFO Resigns” with publication date: June 29, 2016 was also an interesting one.

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By Marie Mckinney


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