Can Remark Holdings Inc (NASDAQ:MARK)’s Tomorrow be Different? The Stock Had Increase in Shorts

March 20, 2018 - By Richard Conner

 Can Remark Holdings Inc (NASDAQ:MARK)’s Tomorrow be Different? The Stock Had Increase in Shorts

The stock of Remark Holdings Inc (NASDAQ:MARK) registered an increase of 2.29% in short interest. MARK’s total short interest was 2.65 million shares in March as published by FINRA. Its up 2.29% from 2.59M shares, reported previously. With 1.59M shares average volume, it will take short sellers 2 days to cover their MARK’s short positions. The short interest to Remark Holdings Inc’s float is 13.67%.

The stock decreased 1.99% or $0.17 during the last trading session, reaching $8.36. About 222,196 shares traded. Remark Holdings, Inc. (NASDAQ:MARK) has declined 33.48% since March 20, 2017 and is downtrending. It has underperformed by 50.18% the S&P500.

Remark Holdings, Inc. owns, operates, and acquires digital media properties across multiple verticals that deliver content worldwide. The company has market cap of $228.42 million. The firm leverages its digital media assets to target the Millennial demographic, which provides it with access to markets. It currently has negative earnings. It operates KanKan, a social media application and data intelligence platform, which aggregates content and consumer-shopping data across social media platforms; that offers users the ability to book lodging, air travel, show tickets, and tours; and Roomlia, a mobile hotel-booking application.

More recent Remark Holdings, Inc. (NASDAQ:MARK) news were published by: which released: “Remark Holdings Sets Fourth Quarter and Full Year 2017 Earnings Call for …” on March 16, 2018. Also published the news titled: “Remark Holdings to Present at 30th Annual ROTH Capital Conference on March 12 …” on March 09, 2018.‘s news article titled: “Remark Holdings and CP ALL Deploying KanKan AI Technologies at 7-Eleven Stores …” with publication date: March 05, 2018 was also an interesting one.

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