What Next for RHYTHMONE PLC ORDINARY SHARES (OTCMKTS:BLNKF) Stock After Decrease in Shorted Shares?

May 18, 2018 - By Ned Sandoval

RhythmOne plc (OTCMKTS:BLNKF) Logo

The stock of RHYTHMONE PLC ORDINARY SHARES (OTCMKTS:BLNKF) registered a decrease of 2.62% in short interest. BLNKF’s total short interest was 130,100 shares in May as published by FINRA. Its down 2.62% from 133,600 shares, reported previously. With 44,200 shares average volume, it will take short sellers 3 days to cover their BLNKF’s short positions. The short interest to RHYTHMONE PLC ORDINARY SHARES’s float is 0.38%.

It closed at $3 lastly. It is down 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

RhythmOne plc operates as a technology media firm that connects clients and brands through premium content online. The company has market cap of $238.21 million. The firm provides digital advertising and content distribution solutions for advertisers, including RhythmImpact that enable brands and publishers to engage clients with sight, sound, and motion across connected devices using video, rich media, display, and native ad units; RhythmInfluence, which helps marketers connect with influencers that weave branded stories into content and social platforms; and RhythmMax that provides marketplace for digital advertising. It currently has negative earnings. It also offers RhythmOne for Publishers, an integrated monetization platform that helps build clients and enhance business.

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