WISETECH GLOBAL ORDINARY SHARES AUSTRAL (OTCMKTS:WTCHF)’s Trend Unknown, Especially After Increased Shorts

July 16, 2018 - By Palma Niemeyer

The stock of WISETECH GLOBAL ORDINARY SHARES AUSTRAL (OTCMKTS:WTCHF) registered an increase of 12.42% in short interest. WTCHF’s total short interest was 704,100 shares in July as published by FINRA. Its up 12.42% from 626,300 shares, reported previously. With 300 shares average volume, it will take short sellers 2347 days to cover their WTCHF’s short positions. The short interest to WISETECH GLOBAL ORDINARY SHARES AUSTRAL’s float is 0.66%.

It closed at $12.38 lastly. It is down 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

WiseTech Global Limited provides cloud software solutions to the logistics industry worldwide. The company has market cap of $4.11 billion. The firm develops, sells, and implements software solutions that enable logistics service providers to facilitate the movement and storage of goods and information. It has a 147.38 P/E ratio. It primarily offers CargoWise One, a single-platform software solution to enhance the productivity and integration, automation, and communication with the supply chain.

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