Short Interest of The Day: BROKE OUT INCORPORATED (OTCMKTS:BRKO) Reports Decline in Sellers; Strong Momentum for Longs

November 28, 2016 - By Winifred Garcia   ·   0 Comments

Short Interest of The Day: BROKE OUT INCORPORATED (OTCMKTS:BRKO) Reports Decline in Sellers; Strong Momentum for Longs

The stock of BROKE OUT INCORPORATED (OTCMKTS:BRKO) registered a decrease of 22.94% in short interest. BRKO’s total short interest was 8,400 shares in November as published by FINRA. Its down 22.94% from 10,900 shares, reported previously. With 500 shares average volume, it will take short sellers 17 days to cover their BRKO’s short positions. The stock closed at $0.7 during the last session. It is down 97.24% since February 12, 2016 and is downtrending. It has underperformed by 103.26% the S&P500.

Broke Out, Inc. is a United Kingdom company, which was engaged in designing, manufacturing, selling street ware and gym fitness apparel to customers. The company has a market cap of $22.39 million. The Firm holds interest in Megapps Ventures Inc. , which is a software firm that specializes in the development of mobile applications and games for Google’s android and Apple’s iPhone operating system (iOS) platforms. It currently has negative earnings. Megapps owns approximately 30 mobile device applications available to the market through the Google Play Store and Apple store.

More notable recent Broke Out Inc (OTCMKTS:BRKO) news were published by: Seekingalpha.com which released: “Why You Could Go Broke Buying Broke Out” on March 11, 2016, also Seekingalpha.com with their article: “Broke Out II: What Goes Up Must Come Down” published on March 14, 2016, Marketwired.com published: “Broke Out Inc. Issues Corporate Summary Update” on March 02, 2016. More interesting news about Broke Out Inc (OTCMKTS:BRKO) were released by: Benzinga.com and their article: “StreetSweeper Warns ‘You Could Go Broke’ Buying Broke Out, Inc.” published on March 10, 2016 as well as Marketwired.com‘s news article titled: “Broke Out, Inc. Acquires Starbucks Secret Menu App” with publication date: March 09, 2016.

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By Winifred Garcia


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