TELIT COMMUNICATIONS PLC LONDON ORDINARY (OTCMKTS:TTCNF) Sellers Increased By 8.68% Their Shorts

June 27, 2018 - By Alice Reed

Telit Communications PLC (OTCMKTS:TTCNF) Corporate Logo

Change of 8.68% for TELIT COMMUNICATIONS PLC LONDON ORDINARY (OTCMKTS:TTCNF)’s short interest was showed. FINRA published in June TTCNF’s total 796,400 short interest. That’s 8.68% up from 732,800 shares. 221 days will cost TTCNF with 3,600 average volume to restore its previous position. 1.12% is TELIT COMMUNICATIONS PLC LONDON ORDINARY float short.

At traded at $2.05 lastly.It’s since June 27, 2017 and is 0.00% down. TTCNF underperformed by 12.57% the S&P 500.

Telit Communications PLC, together with its subsidiaries, provides a portfolio of integrated products, platforms, and services to support and enable Internet of Things deployments in the EMEA, the APAC, and the Americas.The firm is worth $262.25 million. It operates in two divisions, IoT Services and IoT Products.Last it reported negative earnings. The firm develops and markets cellular, GNSS, short-to-long range wireless modules plus mobile connectivity services, and application enablement platform to onboard edge devices to the IoT.

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