Pareteum Corporation (NASDAQ:TEUM) reported a decrease of 0.73% in shorted shares. It was issued in November by FINRA the 6.43 million shorted shares on TEUM. Previously was reported down change of 0.73% from 6.48M shares. With Average volume 1.25 million, TEUM’s previous position will take 5 days to restore.
The stock decreased 5.13% or $0.12 during the last trading session, touching $2.22.Currently Pareteum Corporation is uptrending after 174.75% change in last November 10, 2017. TEUM has also 1.11M shares volume. TEUM outperformed the S&P 500 by 159.13%.
Pareteum Corporation provides mobile networking software and services for the mobile, mobile virtual network operators, enterprise, and Internet of Things markets in Europe and internationally.The firm is valued at $219.80 million. It operates a communications cloud services platform, which provides mobility, messaging and, security services and applications, with a single-sign-on, application program interface , and software development suite.Currently it has negative earnings. The company??s platform hosts integrated IT/back office and core network functionality for mobile network operators, and for enterprises to implement and leverage mobile communications solutions on a Software as a Service, Platform as a Service, or Infrastructure as a Service basis.
Another two news for Pareteum Corporation (NASDAQ:TEUM) were recently brought out by: Prnewswire.com on October 23, 2018 with title “Pareteum Now Trading on Nasdaq”. The other Nasdaq.com‘s article was titled “Pareteum to support launch of Kyiv, Ukraine’s first US-based Smart City Accelerator in Silicon Valley on Nov. 15 with …” and brought out on November 01, 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.