Short Interest in Wishpond Technologies Ltd. (OTCMKTS:WPNDF) Drops By 33.3%

Wishpond Technologies Ltd. (OTCMKTS:WPNDFGet Rating) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 400 shares, a decrease of 33.3% from the May 15th total of 600 shares. Based on an average daily trading volume, of 4,000 shares, the days-to-cover ratio is presently 0.1 days.

OTCMKTS WPNDF opened at 0.57 on Tuesday. Wishpond Technologies has a 1-year low of 0.45 and a 1-year high of 1.35.

Separately, Canaccord Genuity Group started coverage on Wishpond Technologies in a report on Tuesday, June 7th. They set a “buy” rating on the stock.

About Wishpond Technologies (Get Rating)

Wishpond Technologies Ltd. engages in the provision of technological digital marketing solutions for businesses in the United States, Canada, and internationally. The company provides a platform that provides companies with marketing, promotion, lead generation, sales automation, ad management, referral marketing, and sales conversion capabilities.

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