November 25, 2016 - By kentuckypostne · 0 Comments
The stock of Blonder Tongue Labs Incorporated (NYSEMKT:BDR) registered an increase of 1022.64% in short interest. BDR’s total short interest was 59,500 shares in November as published by FINRA. Its up 1022.64% from 5,300 shares, reported previously. With 28,100 shares average volume, it will take short sellers 2 days to cover their BDR’s short positions. The short interest to Blonder Tongue Labs Incorporated’s float is 1.71%. The stock last traded at $0.53 per share. It is down 26.19% since April 22, 2016 and is uptrending. It has outperformed by 20.78% the S&P500.
Blonder Tongue Laboratories, Inc. , along with its subsidiary, R. The company has a market cap of $4.37 million. L. It currently has negative earnings. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company.
Blonder Tongue Laboratories, Inc. (Blonder Tongue), incorporated on November 17, 1988, along with its subsidiary, R. L. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company. The Firm delivers a range of services and products to the cable entertainment and media industry. The Company’s products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals, fitness centers, government facilities/offices, prisons, airports, sports stadiums/arenas, entertainment venues/casinos, retail stores and small-medium businesses. The clients it serves include business entities installing private video and data networks, which include cable television operators, telco or satellite providers, integrators, architects, engineers or the next generation of Internet Protocol Television (IPTV) streaming video providers. Blonder Tongue’s products are divided into three categories: Digital Video Headend, Analog Video Headend and Hybrid-Fiber Coax (HFC) Distribution.
More news for Blonder Tongue Labs, Inc. (NYSEMKT:BDR) were recently published by: Seekingalpha.com, which released: “Blonder Tongue Explodes On Earnings: Will An Imminent DIRECTV Deal Propel It …” on November 17, 2014. Njbiz.com‘s article titled: “The Internet is too powerful for utility treatment” and published on April 15, 2015 is yet another important article.
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