What’s Propelling VOCUS COMMUNICATIONS LTD ORDINARY SHARES (OTCMKTS:VCMMF) After Higher Shorts Reported?

June 13, 2018 - By reb123z

The stock of VOCUS COMMUNICATIONS LTD ORDINARY SHARES (OTCMKTS:VCMMF) registered an increase of 12.91% in short interest. VCMMF’s total short interest was 4.31 million shares in June as published by FINRA. Its up 12.91% from 3.82M shares, reported previously. With 200 shares average volume, it will take short sellers 21569 days to cover their VCMMF’s short positions. The short interest to VOCUS COMMUNICATIONS LTD ORDINARY SHARES’s float is 0.87%.

It closed at $1.71 lastly. It is down 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Vocus Group Limited provides telecommunications and other services in Australia and New Zealand. The company has market cap of $1.06 billion. The firm provides data network solutions and fibre optic cable laid under the VOCUS communications brand; IP voice solutions under the engine brand; business communication and technology solutions under the commander brand; telecommunication and insurance products under the dodo brand; and broadband solutions under the iPRIMUS, slingshot, flip, and orcon brands, as well as VoIP solution for small businesses and wholesale clients under the 2talk brand. It currently has negative earnings. It also offers utilities services, such as energy services to asset owners, multi-tenanted buildings, property developments, and sports clubs under the switch brand.

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