Short Interest Change: CREXENDO (OTCMKTS:CXDO) Sellers Covered 1.6% of Their Shorts

November 30, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Change: CREXENDO (OTCMKTS:CXDO) Sellers Covered 1.6% of Their Shorts

The stock of CREXENDO (OTCMKTS:CXDO) registered a decrease of 1.6% in short interest. CXDO’s total short interest was 43,000 shares in November as published by FINRA. Its down 1.6% from 43,700 shares, reported previously. With 8,100 shares average volume, it will take short sellers 5 days to cover their CXDO’s short positions. About 2,500 shares traded hands. Crexendo Inc (OTCMKTS:CXDO) has risen 3.57% since May 3, 2016 and is uptrending. It has underperformed by 1.66% the S&P500.

Crexendo, Inc. is a hosted services company. The company has a market cap of $20.12 million. The Firm provides hosted telecommunications services, broadband Internet services, Website hosting, e-commerce software and Website development software for businesses and entrepreneurs. It currently has negative earnings. The Company’s services are designed to make enterprise-class hosting services available to small, medium-sized and enterprise-sized businesses.

CXDO Company Profile

Crexendo, Inc., incorporated on May 12, 1999, is a hosted services company. The Firm provides hosted telecommunications services, broadband Internet services, Website hosting, e-commerce software and Website development software for businesses and entrepreneurs. The Company’s services are designed to make enterprise-class hosting services available to small, medium-sized and enterprise-sized businesses. The Firm has two operating divisions, which consist of Hosted Telecommunications Services and Web Services.

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By Clifton Ray


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