Short Interest Coverage: ANDREA ELECTRONIC CORPORATION (OTCMKTS:ANDR) Shorted Shares Decreased By 80%

November 24, 2016 - By Marie Mckinney   ·   0 Comments

Short Interest Coverage: ANDREA ELECTRONIC CORPORATION (OTCMKTS:ANDR) Shorted Shares Decreased By 80%

The stock of ANDREA ELECTRONIC CORPORATION (OTCMKTS:ANDR) registered a decrease of 80% in short interest. ANDR’s total short interest was 1,000 shares in November as published by FINRA. Its down 80% from 5,000 shares, reported previously. The stock increased 5.69% or $0.0029 on November 23, hitting $0.0539. About 500 shares traded hands. Andrea Electronics Corporation (OTCMKTS:ANDR) has declined 54.55% since April 22, 2016 and is downtrending. It has underperformed by 59.95% the S&P500.

Andrea Electronics Corporation is engaged in designing, developing and manufacturing digital microphone technologies and products for improving speech applications software and communications. The company has a market cap of $3.30 million. It operates through two divisions: Patent Monetization, and Andrea DSP Microphone and Audio Software Products. It has a 1.23 P/E ratio. The Company’s products are designed for a range of noisy environments, such as homes, offices, factories and automobiles.

More notable recent Andrea Electronics Corporation (OTCMKTS:ANDR) news were published by: Prnewswire.com which released: “Andrea Electronics recognized by Deloitte North America Technology Fast 500â„¢” on November 22, 2016, also Prnewswire.com with their article: “Andrea Files Complaint With The United States International Trade Commission” published on January 26, 2015, Prnewswire.com published: “Andrea Electronics Secures IP-Backed Financing From Funds Managed By Fortress …” on February 18, 2014. More interesting news about Andrea Electronics Corporation (OTCMKTS:ANDR) were released by: Law360.com and their article: “ITC Investigating Claims Of Audio Tech Infringement” published on March 18, 2015 as well as Prnewswire.com‘s news article titled: “Samson Forms Partnership With Digital Audio Enhancement Pioneer Andrea Electronics” with publication date: June 30, 2014.

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By Marie Mckinney


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