What Next for PORTER HOLDING INTERNATIONAL INC (OTCMKTS:ULNV) Stock After Increase in Shorted Shares?

August 9, 2018 - By Margaret Guttierez

The stock of PORTER HOLDING INTERNATIONAL INC (OTCMKTS:ULNV) registered an increase of 10% in short interest. ULNV’s total short interest was 1,100 shares in August as published by FINRA. Its up 10% from 1,000 shares, reported previously. With 1,600 shares average volume, it will take short sellers 1 days to cover their ULNV’s short positions.

The stock increased 2.19% or $0.09 during the last trading session, reaching $4.2. About 100 shares traded. Porter Holding International, Inc. (OTCMKTS:ULNV) has 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

Porter Holding International, Inc. focuses operating online to offline business platforms for consumer manufacturing enterprises. The company has market cap of $2.13 billion. It focusses on offering non-traditional property management services; and operating PT37.com, a cloud platform that provides Internet intelligent e-commerce information services, as well as 17yugo.com platform. It currently has negative earnings.

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