Could BTL GROUP LTD ORDINARY SHARES CANADA (OTCMKTS:BTLLF) Go Down After Its Newest Short Interest Report?

May 18, 2018 - By Peter Erickson

BTL Group Ltd (OTCMKTS:BTLLF) Logo

The stock of BTL GROUP LTD ORDINARY SHARES CANADA (OTCMKTS:BTLLF) registered a decrease of 0.34% in short interest. BTLLF’s total short interest was 87,400 shares in May as published by FINRA. Its down 0.34% from 87,700 shares, reported previously. With 68,200 shares average volume, it will take short sellers 1 days to cover their BTLLF’s short positions. The short interest to BTL GROUP LTD ORDINARY SHARES CANADA’s float is 0.54%.

The stock decreased 2.47% or $0.12 during the last trading session, reaching $4.73. About 5,210 shares traded. BTL Group Ltd (OTCMKTS:BTLLF) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

BTL Group Ltd., a technology company, focuses on developing blockchain technologies for businesses across various industries. The company has market cap of $111.29 million. The companyÂ’s Interbit is a secure multi-chain technology platform that allows enterprises to build their own applications focusing on trading, settlement, remittance, audit, and back-office processes. It currently has negative earnings. The Company’s technology platform is a remittance business, known as Xapcash, which, combined with its proprietary technology, Interbit, is focused on leveraging blockchain technology to create ‘cash-in cash-outÂ’ settlement solutions from Canada and the United Kingdom to target countries.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: