Zedge Inc Class B (NYSEAMERICAN:ZDGE) Sellers Reduced By 40.88% Their Shorts

June 29, 2018 - By Maria Fierro

It was registered a decrease on Zedge Inc Class B (NYSEAMERICAN:ZDGE)’s short interest with 40.88%. FINRA announced in June ZDGE’s total 10,700 short interest. Previously was reported down change of 40.88% from 18,100 shares. 0 days will cost ZDGE with 26,700 average volume to recover its former position. Zedge Inc Class B’s short interest float is 0.14%.

The stock decreased 7.41% or $0.26 during the last trading session, hitting $3.25.Zedge, Inc. has volume of 2,652 shares. Since June 29, 2017 ZDGE has risen 41.00% and is uptrending. The stock outperformed the S&P 500 by 28.43%.

Zedge, Inc. provides content distribution platforms for smartphones worldwide.The company has $33.34 million market cap. The company??s platform enables clients to personalize their mobile devices with free ringtones, wallpapers, home screen app icons, and notification sounds.Currently it has negative earnings.

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