Today’s Shorts Alert: Could ENERTECK CORPORATION (OTCMKTS:ETCK) Skyrocket? The Stock Had Too Little Sellers

January 11, 2017 - By Dolores Ford   ·   0 Comments

Today's Shorts Alert: Could ENERTECK CORPORATION (OTCMKTS:ETCK) Skyrocket? The Stock Had Too Little Sellers

The stock of ENERTECK CORPORATION (OTCMKTS:ETCK) registered a decrease of 56% in short interest. ETCK’s total short interest was 16,500 shares in January as published by FINRA. Its down 56% from 37,500 shares, reported previously. With 26,100 shares average volume, it will take short sellers 1 days to cover their ETCK’s short positions. The stock last traded at $0.2 per share. It is down 20.00% since June 7, 2016 and is downtrending. It has underperformed by 27.42% the S&P500.

EnerTeck Corporation , through its subsidiary, EnerTeck Chemical Corp., is engaged in the manufacturing, marketing and sale of EnerBurn. The company has a market cap of $6.13 million. The EnerBurn is a fuel borne catalytic engine treatment for diesel engines. It currently has negative earnings. The Firm utilizes a sales process, which includes detailed customer fleet monitoring protocols in on-road applications, which quantify data and assists in managing certain internal combustion diesel engine operating results while utilizing EnerBurn.

ETCK Company Profile

EnerTeck Corporation (EnerTeck Parent), incorporated on July 8, 2003, through its subsidiary, EnerTeck Chemical Corp., is engaged in the manufacturing, marketing and sale of EnerBurn. The EnerBurn is a fuel borne catalytic engine treatment for diesel engines. The Firm utilizes a sales process, which includes detailed customer fleet monitoring protocols in on-road applications, which quantify data and assists in managing certain internal combustion diesel engine operating results while utilizing EnerBurn. The Company’s principal target markets have included the trucking, heavy construction, maritime shipping, railroad and mining industries, as well as federal, state and international government applications. The Company’s services and products include The Diesel Fuel Additive Product Line and EnerBurn Combustion Catalyst for Diesel Fuel.

More recent EnerTeck Corp (OTCMKTS:ETCK) news were published by: Prnewswire.com which released: “EnerTeck Announces That EnerGreen Technologies (Australia) has Won a Major …” on August 17, 2011. Also Businesswire.com published the news titled: “Sales Breakthrough for EnerTeck Diesel Catalyst” on March 04, 2014. Quotes.Wsj.com‘s news article titled: “News Micronet Enertec Technologies Inc.MICT” with publication date: February 02, 2012 was also an interesting one.

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By Dolores Ford

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