Fte Networks Inc (NYSEAMERICAN:FTNW) Just Reported Increased Shorts

July 27, 2018 - By Kristin Houston

FTE Networks, Inc. (NYSEAMERICAN:FTNW) Logo

The stock of Fte Networks Inc (NYSEAMERICAN:FTNW) registered an increase of 21.96% in short interest. FTNW’s total short interest was 26,100 shares in July as published by FINRA. Its up 21.96% from 21,400 shares, reported previously. With 32,900 shares average volume, it will take short sellers 1 days to cover their FTNW’s short positions. The short interest to Fte Networks Inc’s float is 2.23%.

The stock increased 10.10% or $1.65 during the last trading session, reaching $17.99. About 43,005 shares traded or 84.71% up from the average. FTE Networks, Inc. (NYSEAMERICAN:FTNW) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

FTE Networks, Inc., together with its subsidiaries, operates as an international networking infrastructure solutions firm in the United States and internationally. The company has market cap of $113.01 million. The firm operates through Telecommunications and Staffing divisions. It currently has negative earnings. It designs, builds, and supports telecommunications and technology systems, and provides infrastructure services.

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