Breaking Short Interest: What Will Happen to ZOOM TELEPHONICS INCORPORATED (OTCMKTS:ZMTP) Next? The Stock Has Increase in Shorts

November 22, 2016 - By Pete Kolinski   ·   0 Comments

Breaking Short Interest: What Will Happen to ZOOM TELEPHONICS INCORPORATED (OTCMKTS:ZMTP) Next? The Stock Has Increase in Shorts

The stock of ZOOM TELEPHONICS INCORPORATED (OTCMKTS:ZMTP) registered an increase of 245% in short interest. ZMTP’s total short interest was 13,800 shares in November as published by FINRA. Its up 245% from 4,000 shares, reported previously. With 57,200 shares average volume, it will take short sellers 0 days to cover their ZMTP’s short positions. The stock closed at $2.6 during the last session. It is down 44.44% since April 20, 2016 and is uptrending. It has outperformed by 39.89% the S&P500.

Zoom Telephonics, Inc. designs, produces, markets, sells, and supports Internet access and other communications-related products, including cable modems, cable modem/routers, mobile broadband modems, asymmetrical digital subscriber line modems, and dial-up modems. The company has a market cap of $38.81 million. The Company’s products facilitate communication of data through the Internet. It currently has negative earnings. The Company’s cable modems use the cable-Television cable and its DSL modems use the local telephone line to provide a link to the Internet.

ZMTP Company Profile

Zoom Telephonics, Inc., incorporated on March 25, 1993, designs, produces, markets, sells, and supports Internet access and other communications-related products, including cable modems, cable modem/routers, mobile broadband modems, asymmetrical digital subscriber line (ADSL or commonly DSL) modems, and dial-up modems. The Company’s products primarily facilitate communication of data through the Internet. The Company’s cable modems use the cable-Television cable and its DSL modems use the local telephone line to provide a link to the Internet. The Company’s mobile broadband modems and its mobile broadband routers and sensors connect to the Internet through a mobile service provider’s mobile broadband network. The Company’s dial-up modems link computers, point-of-purchase terminals or other devices connect to each other or the Internet through the traditional telephone network. The Company’s router products may communicate with a broadband modem for access to the Internet, and they may be used for local area network communications. The Company’s new Connected Home products intend to connect wireless sensors and controls to users through the Internet.

More important recent Zoom Telephonics Inc (OTCMKTS:ZMTP) news were published by: Seekingalpha.com which released: “Zoom Telephonics: 100%+ Micro-Cap Grower At A Value Price” on September 09, 2016, also Marketwired.com published article titled: “Zoom(R) Telephonics Reports Results for the Second Quarter of 2016”, Marketwired.com published: “Zoom Telephonics Reports Results for the First Quarter of 2016” on May 05, 2016. More interesting news about Zoom Telephonics Inc (OTCMKTS:ZMTP) was released by: Latimes.com and their article: “Time Warner Cable customers who bought modems may have to pay rental fee after …” with publication date: November 17, 2015.

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By Pete Kolinski


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