Could Fte Networks Inc (NYSEAMERICAN:FTNW) Go Down After Its Newest Short Interest Report?

FTE Networks, Inc. (NYSEAMERICAN:FTNW) Logo

The stock of Fte Networks Inc (NYSEAMERICAN:FTNW) registered a decrease of 17.82% in short interest. FTNW’s total short interest was 430,200 shares in August as published by FINRA. Its down 17.82% from 523,500 shares, reported previously. With 46,900 shares average volume, it will take short sellers 9 days to cover their FTNW’s short positions. The short interest to Fte Networks Inc’s float is 10.37%.

The stock decreased 0.06% or $0.0005 during the last trading session, reaching $0.8249. About 9,280 shares traded. FTE Networks, Inc. (NYSEAMERICAN:FTNW) has 0.00% since August 15, 2018 and is . It has by 0.00% the S&P500.

FTE Networks, Inc., together with its subsidiaries, operates as an international networking infrastructure solutions firm in the United States and internationally. The company has market cap of $21.51 million. The firm operates through Telecommunications and Staffing divisions. It currently has negative earnings. It designs, builds, and supports telecommunications and technology systems, and provides infrastructure services.

More notable recent FTE Networks, Inc. (NYSEAMERICAN:FTNW) news were published by: Globenewswire.com which released: “FTE’S CrossLayerâ„¢ Continues Momentum and Enters into Contract to Install Edge Compute Platform into Multi-Tenant Building – GlobeNewswire” on October 16, 2018, also Globenewswire.com with their article: “FTE Networks Completes 2018 with Approximately $572.4 Million in New Infrastructure Contract Awards – GlobeNewswire” published on January 03, 2019, Globenewswire.com published: “FTE Networks, Inc. CEO Letter to Shareholders – GlobeNewswire” on September 25, 2018. More interesting news about FTE Networks, Inc. (NYSEAMERICAN:FTNW) were released by: Globenewswire.com and their article: “FTE Networks Awarded Approximately $116 Million in New Infrastructure Contracts in January and February – GlobeNewswire” published on February 26, 2019 as well as Globenewswire.com‘s news article titled: “FTE Networks Announces Completion of Debt Restructuring – GlobeNewswire” with publication date: July 12, 2019.

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