Could AUDIOEYE INC (OTCMKTS:AEYE) Skyrocket? The Stock Has Too Many Sellers

June 17, 2018 - By Michael Collier

AudioEye, Inc. (OTCMKTS:AEYE) Logo

The stock of AUDIOEYE INC (OTCMKTS:AEYE) registered an increase of 17.5% in short interest. AEYE’s total short interest was 4,700 shares in June as published by FINRA. Its up 17.5% from 4,000 shares, reported previously. The short interest to AUDIOEYE INC’s float is 0.01%.

The stock increased 15.62% or $0.03 during the last trading session, reaching $0.222. About 107,492 shares traded or 22.18% up from the average. AudioEye, Inc. (OTCMKTS:AEYE) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

AudioEye, Inc. provides Web accessibility solutions to Internet, print, broadcast, and other media to people regardless of their network connection, device, location, or disabilities in the United States. The company has market cap of $35.78 million. The firm develops patented Internet content publication and distribution software that enables conversion of media into accessible formats, as well as allows for real time distribution on various Internet connected devices. It currently has negative earnings. It provides AudioEye Ally Platform, which consists of Digital Accessibility Platform and Ally Managed Service that are offered as an Internet cloud software as a service to Website owners, publishers, developers, and operators.

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