WRIT MEDIA GROUP INC (OTCMKTS:WRIT) Can’t Be More Risky. Short Interest Increased

July 16, 2018 - By Megan Stone

The stock of WRIT MEDIA GROUP INC (OTCMKTS:WRIT) registered an increase of 113.33% in short interest. WRIT’s total short interest was 3,200 shares in July as published by FINRA. Its up 113.33% from 1,500 shares, reported previously. With 40,700 shares average volume, it will take short sellers 0 days to cover their WRIT’s short positions. The short interest to WRIT MEDIA GROUP INC’s float is 0.01%.

The stock increased 1.05% or $0.001 during the last trading session, reaching $0.095. About 2,100 shares traded. WRIT Media Group, Inc. (OTCMKTS:WRIT) has 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

WRIT Media Group, Inc., through its subsidiaries, operates as a content creation firm worldwide. The company has market cap of $5.41 million. It produces, acquires, licenses, and distributes music-related content in 3D and ultra-high definition for digital broadcast into digitally-enabled movie theaters, TV, and mobile streaming providers. It currently has negative earnings. The firm also licenses pre-Windows computer game libraries, as well as adapts and republishes titles under the Amiga, Atari, and MS-DOS brands for smartphones, modern game consoles, PCs, tablets, and other television streaming devices; and publishes related merchandise and characters from the games.

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