Does FUNCTIONX INCORPORATED (OTCMKTS:FNCX) Have Gas After Even More Sellers Involved?

February 12, 2018 - By Adrian Erickson

The stock of FUNCTIONX INCORPORATED (OTCMKTS:FNCX) registered an increase of 19.8% in short interest. FNCX’s total short interest was 23,600 shares in February as published by FINRA. Its up 19.8% from 19,700 shares, reported previously. With 59,000 shares average volume, it will take short sellers 0 days to cover their FNCX’s short positions.

The stock decreased 15.86% or $0.00863 during the last trading session, reaching $0.04577. About 91,690 shares traded or 0.64% up from the average. Function (OTCMKTS:x Inc) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Function Inc. operates Wetpaint.com, an online destination for entertainment news for millennial women covering the latest in television, music, and pop culture. The company has market cap of $1.37 million. The firm also offers daily fantasy sports experience both directly to clients and to businesses desiring turnkey solutions. It currently has negative earnings. In addition, it operates Rant, a digital publisher that publishes original content in 13 different verticals, primarily sports, entertainment, pets, cars, and food; and Choose Digital, a digital marketplace platform that allows companies to incorporate digital content into existing rewards and loyalty programs in support of marketing and sales initiatives.

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