TOWERSTREAM CORP (OTCMKTS:TWER) Shorts Decreased by 4.46% After Short Covering

March 14, 2018 - By Michael Collier

The stock of TOWERSTREAM CORP (OTCMKTS:TWER) registered a decrease of 4.46% in short interest. TWER’s total short interest was 21,400 shares in March as published by FINRA. Its down 4.46% from 22,400 shares, reported previously. With 1,900 shares average volume, it will take short sellers 11 days to cover their TWER’s short positions. The short interest to TOWERSTREAM CORP’s float is 6.01%.

It closed at $2.9 lastly. It is down 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Towerstream Corporation, together with its subsidiaries, provides fixed wireless broadband services over a wireless network transmitting over regulated and unregulated radio spectrum to commercial clients in the United States. The company has market cap of $1.14 million. The company??s wireless broadband service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data, and video services. It currently has negative earnings. It serves business clients in New York City, Boston, Chicago, Los Angeles, San Francisco, Seattle, Miami, Dallas-Fort Worth, Houston, Philadelphia, Las Vegas-Reno, and Providence-Newport.

More notable recent Towerstream Corporation (OTCMKTS:TWER) news were published by: which released: “Towerstream: An Impending Death Spiral” on December 07, 2015, also with their article: “Towerstream Adds Ernest Ortega to Board of Advisors” published on January 07, 2016, published: “Towerstream Adds Industry Veteran Don MacNeil to its Board of Directors” on May 22, 2017. More interesting news about Towerstream Corporation (OTCMKTS:TWER) were released by: and their article: “Towerstream Announces Reverse Split of its Common Stock” published on September 28, 2017 as well as‘s news article titled: “Towerstream Reports Higher Sequential Revenues and 38% Increase in Adjusted …” with publication date: November 14, 2017.

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