BBTV Holdings Inc. (OTCMKTS:BBTVF) Sees Large Decline in Short Interest

BBTV Holdings Inc. (OTCMKTS:BBTVFGet Rating) was the target of a large drop in short interest in July. As of July 15th, there was short interest totalling 30,700 shares, a drop of 25.8% from the June 30th total of 41,400 shares. Based on an average daily trading volume, of 30,000 shares, the days-to-cover ratio is presently 1.0 days.

BBTV Price Performance

Shares of OTCMKTS BBTVF opened at $1.15 on Wednesday. The business has a fifty day simple moving average of $1.43 and a two-hundred day simple moving average of $1.75. BBTV has a twelve month low of $1.15 and a twelve month high of $5.91.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their price target on BBTV from C$3.50 to C$2.00 in a report on Wednesday, May 18th.

About BBTV

(Get Rating)

BBTV Holdings Inc, a media and technology company, provides end-to-end management, distribution, and monetization solutions through the VISO platform to individual content creators and media companies. Its Base solution includes content optimization and discovery to increase content viewership, engagement, and performance; collaboration and fan engagement to connect the community of creators with each other; audience development and educational services comprises resources for influencers to stay informed and make decisions about their content; analytics and insights; partner experience that provides support for influencers to address their needs, including reporting, payments, and support; BBTV Fast Pay, which provides early payment of revenue to content creators; and Pay to Crypto enables content creators to choose their form of payment in cryptocurrencies, including Bitcoin, Ethereum, and USD Stablecoin.

Further Reading

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