The stock of AKOUSTIS TECH INCORPORATED (OTCMKTS:AKTS) registered an increase of 34.67% in short interest. AKTS’s total short interest was 10,100 shares in September as published by FINRA. Its up 34.67% from 7,500 shares, reported previously. With 29,500 shares average volume, it will take short sellers 0 days to cover their AKTS’s short positions. About 3,751 shares traded hands. Akoustis Technologies Inc (OTCMKTS:AKTS) has risen 145.28% since February 8, 2016 and is uptrending. It has outperformed by 128.79% the S&P500.
Akoustis Technologies, Inc., formerly Danlax, Corp., is a fabless firm engaged in developing, designing and manufacturing radio frequency filter products for the mobile wireless device industry. The company has a market cap of $61.09 million. The Firm operates in the telecommunications and fiber optics sector. It currently has negative earnings. The Firm is focused on commercializing and manufacturing its Bulk ONE acoustic wave technology to address the critical frequency-selectivity requirements in mobile smartphones.
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