Short Interest to Follow: Could COSI INC. COMMON STOCK (OTCMKTS:COSIQ) See a Reversal After More Sellers Came In?

November 30, 2016 - By kentuckypostne   ·   0 Comments

Short Interest to Follow: Could COSI INC. COMMON STOCK (OTCMKTS:COSIQ) See a Reversal After More Sellers Came In?

The stock of COSI INC. COMMON STOCK (OTCMKTS:COSIQ) registered an increase of 16.58% in short interest. COSIQ’s total short interest was 507,000 shares in November as published by FINRA. Its up 16.58% from 434,900 shares, reported previously. With 1.69 million shares average volume, it will take short sellers 0 days to cover their COSIQ’s short positions. The stock increased 14.35% or $0.0089 on November 29, hitting $0.0709. Cosi Inc (OTCMKTS:COSIQ) has declined 90.54% since April 27, 2016 and is downtrending. It has underperformed by 95.77% the S&P500.

Cosi, Inc. owns, operates and franchises restaurants. The company has a market cap of $3.41 million. The Firm offers a range of house coffees and other espresso beverages, handcrafted specialty drinks, along with soft drinks, flavored teas, bottled beverages, including premium still and sparkling waters, teas and, in some locations, beer and wine. It currently has negative earnings. The Firm operates approximately 110 company-owned and franchised restaurants operating in over 15 states, the District of Columbia, the United Arab Emirates , and Costa Rica.

COSIQ Company Profile

Cosi, Inc., incorporated on May 15, 1998, owns, operates and franchises restaurants. The Firm offers a range of house coffees and other espresso beverages, handcrafted specialty drinks, along with soft drinks, flavored teas, bottled beverages, including premium still and sparkling waters, teas and, in some locations, beer and wine. The Firm operates approximately 110 company-owned and franchised restaurants operating in over 15 states, the District of Columbia, the United Arab Emirates (UAE), and Costa Rica. It operates and develops in both urban and suburban markets.

More notable recent Cosi Inc (OTCMKTS:COSIQ) news were published by: Wsj.com which released: “Restaurant Chain Cosi Inc. Files for Chapter 11” on September 28, 2016, also Marketwatch.com with their article: “Cosi Inc.” published on October 11, 2016, Globenewswire.com published: “Cosi, Inc. Preparing for 363 Sale Process” on October 11, 2016. More interesting news about Cosi Inc (OTCMKTS:COSIQ) were released by: Globenewswire.com and their article: “Così, Inc. Announces Additional Grace Period for Listing on NASDAQ” published on May 18, 2016 as well as Globenewswire.com‘s news article titled: “Così, Inc. Reports 2016 Period 7 Comparable Restaurant Sales” with publication date: August 03, 2016.

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