XG Technology Inc (NASDAQ:XGTI) Sellers Reduced By 2.88% Their Shorts

June 29, 2018 - By Ronnie Lemelle

xG Technology, Inc. (NASDAQ:XGTI) Corporate Logo

Change of 2.88% for XG Technology Inc (NASDAQ:XGTI)’s shorted shares was registered. FINRA announced shorted shares of XGTI’s total 1.08 million shares. Previously was reported down change of 2.88% from 1.12 million shares. XG Technology Inc (NASDAQ:XGTI) has 129,000 shares average volume. It’ll cost 8 days for XGTI to recover its previous position.

XGTI is hitting $0.64 during the last trading session, after decreased 0.03%.Currently xG Technology, Inc. is downtrending after 61.96% change in last June 29, 2017. XGTI has also 93,674 shares volume. XGTI underperformed by 74.53% the S&P 500.

xG Technology, Inc. designs, develops, and delivers advanced wireless communications solutions worldwide.The company has $10.34 million market cap. It offers electronic news gathering, wireless camera, portable microwave, and fixed point to point systems for the broadcasting market; wireless camera systems and mobile radios for the sports and entertainment market; and wireless video solutions, including manned and unmanned aerial and ground systems, mobile and handheld receive systems, and transmitters for the government/surveillance market.Last it reported negative earnings. The firm also provides microwave radio components, and satellite communication and associated amplifier products.

There’s a significant xG Technology, Inc. (NASDAQ:XGTI) news released by Streetinsider.com. It’s a report titled: “xG Technology (XGTI) IMT Vislink Business Secures $2.3M Contract to Supply Professional US Sports Association with …” on June 19, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.