What’s Ahead for Netshoes (cayman) Limitedhares (NYSE:NETS) After Less Shorted Shares?

June 3, 2018 - By Clifton Ray

The stock of Netshoes (cayman) Limitedhares (NYSE:NETS) registered a decrease of 0.42% in short interest. NETS’s total short interest was 1.07 million shares in June as published by FINRA. Its down 0.42% from 1.08 million shares, reported previously. With 48,100 shares average volume, it will take short sellers 22 days to cover their NETS’s short positions. The short interest to Netshoes (cayman) Limitedhares’s float is 13.23%.

The stock increased 5.66% or $0.15 during the last trading session, reaching $2.8. About 135,744 shares traded. Netshoes (NYSE:Cayman Limited) has 0.00% since June 3, 2017 and is . It has underperformed by 12.57% the S&P500.

Netshoes Limited, through its subsidiaries, operates as a sports and lifestyle online retailer in Latin America. The company has market cap of $86.96 million. It offers various products, including athletic shoes, jerseys, apparels, accessories, and sporting equipment of international, local, and private brands, as well as fashion. It currently has negative earnings. The firm operates through its ecommerce Websites, such as www.netshoes.com and www.zattini.com.

Netshoes (NYSE:Cayman Limited) Ratings Chart

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