TOWERSTREAM CORP (OTCMKTS:TWER) Shorts Increased By 10.05%

June 27, 2018 - By Maria Fierro

Towerstream Corporation (OTCMKTS:TWER) Corporate Logo

TOWERSTREAM CORP (OTCMKTS:TWER) registered an increase of 10.05% in short interest. FINRA issued in June TWER’s total 23,000 short interest. The up change of 10.05% from 20,900 shares was reported. Former TWER’s position will need 11 days to restore. It has 2,100 average volume. 6.46% is TOWERSTREAM CORP float short.

At traded at $2.21 lastly.It’s since June 27, 2017 and is 0.00% down. TWER underperformed by 12.57% the S&P500.

Towerstream Corporation, together with its subsidiaries, provides fixed wireless broadband services over a wireless network transmitting over regulated and unregulated radio spectrum to commercial clients in the United States.The firm is valued at $871,619. The company??s wireless broadband service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data, and video services.Last it reported negative earnings. It serves business clients in New York City, Boston, Chicago, Los Angeles, San Francisco, Seattle, Miami, Dallas-Fort Worth, Houston, Philadelphia, Las Vegas-Reno, and Providence-Newport.

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