Will CONNECTURE INCORPORATED (OTCMKTS:CNXR) Run Out of Steam Soon? Short Interest Is Down

November 21, 2017 - By Adrian Mccoy

The stock of CONNECTURE INCORPORATED (OTCMKTS:CNXR) registered a decrease of 80.45% in short interest. CNXR’s total short interest was 23,700 shares in November as published by FINRA. Its down 80.45% from 121,200 shares, reported previously. With 415,800 shares average volume, it will take short sellers 0 days to cover their CNXR’s short positions. The short interest to CONNECTURE INCORPORATED’s float is 0.25%.

The stock increased 24.00% or $0.06 on November 20, reaching $0.31. About 28,285 shares traded. Connecture Inc (OTCMKTS:CNXR) has declined 37.31% since November 21, 2016 and is downtrending. It has underperformed by 54.01% the S&P500.

Connecture, Inc. provides a Web-based consumer shopping, enrollment and retention platform for health insurance distribution. The company has market cap of $7.14 million. The Firm caters its services to health insurance marketplace operators, such as health plans, brokers and exchange operators. It currently has negative earnings. It operates through four divisions: Enterprise/Commercial, Enterprise/State, Medicare and Private Exchange.

More notable recent Connecture Inc (OTCMKTS:CNXR) news were published by: Bizjournals.com which released: “Connecture cuts staff, raises capital after 2016 losses” on March 15, 2017, also Seekingalpha.com with their article: “Connecture’s (CNXR) CEO Jeff Surges on Q4 2016 Results – Earnings Call Transcript” published on March 15, 2017, Globenewswire.com published: “Connecture Reports Financial Results for Third Quarter and Year-to-Date 2017” on November 09, 2017. More interesting news about Connecture Inc (OTCMKTS:CNXR) were released by: Globenewswire.com and their article: “Connecture Partners with Strategic Health Services to Offer Wellness Solution …” published on February 22, 2017 as well as Seekingalpha.com‘s news article titled: “Connecture’s (CNXR) CEO Jeff Surges on Q1 2017 Results – Earnings Call Transcript” with publication date: May 09, 2017.

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