Is Buying BOOZT AB AMERICAN DEPOSITARY RECEIPTS – (OTCMKTS:BOZTY), Having Lower Short Interest a Winning Strategy?

May 18, 2018 - By Marie Mckinney

The stock of BOOZT AB AMERICAN DEPOSITARY RECEIPTS – (OTCMKTS:BOZTY) registered a decrease of 78.05% in short interest. BOZTY’s total short interest was 900 shares in May as published by FINRA. Its down 78.05% from 4,100 shares, reported previously. With 7,300 shares average volume, it will take short sellers 0 days to cover their BOZTY’s short positions.

The stock increased 10.81% or $0.88 during the last trading session, reaching $9.02. About shares traded. Boozt AB (OTCMKTS:publ) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Boozt AB , together with its subsidiaries, sells clothes, shoes, and accessories in Sweden, rest of the Nordics, and rest of Europe. The company has market cap of $475.27 million. It operates through three divisions: Boozt.com, Booztlet.com, and Other. It currently has negative earnings. The firm operates Boozt.com, a multi-brand fashion online store with approximately 600 brands, including premium, commercial, and fast fashion brands for women, men, and children.

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