Short Interest: SPEED COMM INCORPORATED (OTCMKTS:SPDC) Could Burn Your Long Portfolio After More Shorts

November 16, 2016 - By Ruchi Gupta   ·   0 Comments

Short Interest: SPEED COMM INCORPORATED (OTCMKTS:SPDC) Could Burn Your Long Portfolio After More Shorts

The stock of SPEED COMM INCORPORATED (OTCMKTS:SPDC) registered an increase of 40% in short interest. SPDC’s total short interest was 3,500 shares in November as published by FINRA. Its up 40% from 2,500 shares, reported previously. With 47,400 shares average volume, it will take short sellers 0 days to cover their SPDC’s short positions. About 34,326 shares traded hands or 459.69% up from the average. Speed Commerce Inc (OTCMKTS:SPDC) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.

Speed Commerce, Inc. is a well-known provider of flexible end-to-end E-commerce services to retailers and manufacturers. The company has a market cap of $301,936. The Firm provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction services and information management tools. It currently has negative earnings. Speed Commerce manages over 1.8 million square feet of fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.

SPDC Company Profile

Speed Commerce, Inc. (Speed Commerce), incorporated on July 11, 1983, is a well-known provider of flexible end-to-end E-commerce services to retailers and manufacturers. The Firm provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction services and information management tools. Speed Commerce manages over 1.8 million square feet of fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning. It also operates four customer contact centers to enhance its clients’ brand experience by providing around the clock customer support.

More news for Speed Commerce Inc (OTCMKTS:SPDC) were recently published by: Globenewswire.com, which released: “Speed Commerce Acquires E-Commerce Services Provider Fifth Gear” on November 24, 2014. Thestreet.com‘s article titled: “Why Speed Commerce (SPDC) Stock Dropped on Tuesday” and published on June 03, 2014 is yet another important article.

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By Ruchi Gupta


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