Will SNIPP INTERACTIVE IN (OTCMKTS:SNIPF) Run Out of Steam Soon? Short Interest Is Down

December 19, 2017 - By Michael Collier

The stock of SNIPP INTERACTIVE IN (OTCMKTS:SNIPF) registered a decrease of 19.5% in short interest. SNIPF’s total short interest was 35,500 shares in December as published by FINRA. Its down 19.5% from 44,100 shares, reported previously. With 50,900 shares average volume, it will take short sellers 1 days to cover their SNIPF’s short positions.

The stock increased 52.13% or $0.03649 during the last trading session, reaching $0.10649. About 435,763 shares traded or 3593.85% up from the average. Snipp Interactive Inc. (OTCMKTS:SNIPF) has 0.00% since December 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Snipp Interactive Inc., a loyalty and promotions technology company, develops and sells mobile promotions software applications and associated campaign services worldwide. The company has market cap of $18.09 million. It offers software applications, which allow advertising agencies, brands, and media to engage and interact with customers. It currently has negative earnings. The firm provides SnippCheck mobile receipt processing solution that allows brands to execute customized purchase promotions and loyalty programs; and white-label SnippLoyalty platform, which allows clients to deploy punch-card programs and points loyalty programs with rewards stores attached.

More notable recent Snipp Interactive Inc. (OTCMKTS:SNIPF) news were published by: Globenewswire.com which released: “Snipp Appoints Megan Prikhodko as Chief Operating Officer and Sarfarz Haji …” on November 01, 2017, also Globenewswire.com with their article: “Snipp Expands Mobile Data Reward Offering With AT&T Agreement” published on September 12, 2017, Globenewswire.com published: “Snipp Signs US$250000 Loyalty Contract with Leading CPG Brand” on September 19, 2017. More interesting news about Snipp Interactive Inc. (OTCMKTS:SNIPF) were released by: Marketwired.com and their article: “Snipp Interactive Inc. Reports Q2 2016 Financial Results” published on August 30, 2016 as well as Seekingalpha.com‘s news article titled: “Snipp Interactive’s (SNIPF) CEO Atul Sabharwal on Q3 2016 Results – Earnings …” with publication date: December 01, 2016.

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