Today’s Shorts Alert: SILVERSUN TECH INCORPORATED (OTCBB:SSNT) Shorted Shares Increased 25% After Market Selling

November 16, 2016 - By Clifton Ray   ·   0 Comments

Today's Shorts Alert: SILVERSUN TECH INCORPORATED (OTCBB:SSNT) Shorted Shares Increased 25% After Market Selling

The stock of SILVERSUN TECH INCORPORATED (OTCBB:SSNT) registered an increase of 25% in short interest. SSNT’s total short interest was 1,000 shares in November as published by FINRA. Its up 25% from 800 shares, reported previously. With 3,500 shares average volume, it will take short sellers 0 days to cover their SSNT’s short positions. About 11,155 shares traded hands or 343.89% up from the average. SilverSun Technologies Inc (OTCBB:SSNT) has risen 20.22% since April 14, 2016 and is uptrending. It has outperformed by 15.53% the S&P500.

SilverSun Technologies, Inc. is a business application, technology and consulting company. The company has a market cap of $8.93 million. The Firm is engaged in providing strategies and solutions to meet information, technology and business management needs. It has a 24.11 P/E ratio. The Company’s services and technologies enable clients to manage, protect and monetize their enterprise assets in the cloud.

SSNT Company Profile

SilverSun Technologies, Inc., incorporated on October 3, 2002, is a business application, technology and consulting company. The Firm is engaged in providing strategies and solutions to meet information, technology and business management needs. The Company’s services and technologies enable clients to manage, protect and monetize their enterprise assets in the cloud. It offers solutions for accounting and business management, financial reporting, enterprise resource planning (ERP), warehouse management systems (WMS), customer relationship management (CRM) and business intelligence (BI). The Firm has network services practice, which provides managed services, hosting, business continuity, cloud, e-mail and Web services. The Company’s clients are across the United States, with concentrations in the New York/New Jersey metropolitan area, Chicago, Dallas, Arizona, Southern California, North Carolina and Washington.

More notable recent SilverSun Technologies Inc (OTCBB:SSNT) news were published by: Globenewswire.com which released: “SilverSun Technologies Reports Profitable Third Quarter 2016 Results” on November 14, 2016, also Globenewswire.com with their article: “SilverSun Technologies Announces Appointment of New Executives at SWK Technologies” published on July 13, 2016, Globenewswire.com published: “SilverSun Technologies Announces Management Change at SWK Technologies” on May 27, 2016. More interesting news about SilverSun Technologies Inc (OTCBB:SSNT) were released by: Marketwired.com and their article: “SilverSun Technologies Completes Acquisition of Accounting Technology Resources” published on March 12, 2015 as well as Reviewjournal.com‘s news article titled: “Silversun Pickups followed ‘spaghetti Western’ sound to Vegas” with publication date: August 19, 2016.

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By Clifton Ray


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