Short Interest Coverage: TABLE TRAC INCORPORATED (OTCMKTS:TBTC) Reports Increase in Sellers; Strong Momentum for Short Players

November 17, 2016 - By Louis Casey   ·   0 Comments

Short Interest Coverage: TABLE TRAC INCORPORATED (OTCMKTS:TBTC) Reports Increase in Sellers; Strong Momentum for Short Players

The stock of TABLE TRAC INCORPORATED (OTCMKTS:TBTC) registered an increase of 80% in short interest. TBTC’s total short interest was 900 shares in November as published by FINRA. Its up 80% from 500 shares, reported previously. With 1,900 shares average volume, it will take short sellers 1 days to cover their TBTC’s short positions. The stock closed at $1.45 during the last session. It is down 46.46% since April 15, 2016 and is uptrending. It has outperformed by 41.84% the S&P500.

Table Trac, Inc. provides system sales and technical support to casinos. The company has a market cap of $6.76 million. The Firm has developed and patented an information and management system that automates and monitors the activities of casino table game operations. It currently has negative earnings. In addition to its table games management system, the Company has been adding functionality to related casino system modules for guest rewards and loyalty club, marketing analysis, guest service, promotions, administration/management, vault/cage management and audit/accounting tasks.

TBTC Company Profile

Table Trac, Inc., incorporated on June 27, 1995, provides system sales and technical support to casinos. The Firm has developed and patented an information and management system (called Table Trac system) that automates and monitors the activities of casino table game operations. In addition to its table games management system, the Company has been adding functionality to related casino system modules for guest rewards and loyalty club, marketing analysis, guest service, promotions, administration/management, vault/cage management and audit/accounting tasks. System sales include installation, custom casino system configuration and training. In addition, license and technical support are provided under an annual license and service contract. Products and services forming a part of the Table Trac system include modules designed to drive player tracking programs and kiosk promotions, as well as vault and cage controls.

More notable recent Table Trac Inc (OTCMKTS:TBTC) news were published by: Prnewswire.com which released: “Table Trac to Install Management System at Golden Eagle Casino” on November 15, 2016, also Prnewswire.com with their article: “Table Trac Announces Third Quarter 2016 Results” published on November 14, 2016, Prnewswire.com published: “Table Trac Receives Manufacturer and Distributor License Approval in Nevada” on September 06, 2016. More interesting news about Table Trac Inc (OTCMKTS:TBTC) were released by: Prnewswire.com and their article: “Table Trac, Inc. Names Brian Hinchley CEO” published on April 29, 2015 as well as Prnewswire.com‘s news article titled: “Table Trac signs contract with Hopland Sho-Ka-Wah Casino to replace existing …” with publication date: February 09, 2016.

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By Louis Casey


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