Is INTERNET OF THINGS INC ORDINARY SHARES (OTCMKTS:INOTF) a Buy? The Stock Reported Less Sellers

May 8, 2018 - By Adrian Mccoy

The stock of INTERNET OF THINGS INC ORDINARY SHARES (OTCMKTS:INOTF) registered a decrease of 74.15% in short interest. INOTF’s total short interest was 17,400 shares in May as published by FINRA. Its down 74.15% from 67,300 shares, reported previously. With 206,500 shares average volume, it will take short sellers 0 days to cover their INOTF’s short positions. The short interest to INTERNET OF THINGS INC ORDINARY SHARES’s float is 0.01%.

The stock 2.83% or $0 during the last trading session, reaching $0.06. It is down 0.00% since May 8, 2017 and is . It has underperformed by 11.55% the S&P500.

Internet of Things Inc. operates as an Internet of Things technology accelerator and industry acquisition company. The company has market cap of $11.52 million. It acquires and implements strategic and disruptive technology solutions for the Industrial IoT markets, including manufacturing, energy management, agriculture, transportation, cybersecurity, e-commerce, and fintech. It currently has negative earnings. The firm was formerly known as HTN, Inc. and changed its name to Internet of Things Inc. in January 2015.

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