Time to Reconsider Remark Holdings Incorporated (NASDAQ:MARK) After More Short Sellers?

February 15, 2018 - By Clifton Ray

 Time to Reconsider Remark Holdings Incorporated (NASDAQ:MARK) After More Short Sellers?

The stock of Remark Holdings Incorporated (NASDAQ:MARK) registered an increase of 28.07% in short interest. MARK’s total short interest was 873,700 shares in February as published by FINRA. Its up 28.07% from 682,200 shares, reported previously. With 2.21M shares average volume, it will take short sellers 0 days to cover their MARK’s short positions. The short interest to Remark Holdings Incorporated’s float is 5.78%.

The stock decreased 7.90% or $0.67 during the last trading session, reaching $7.81. About 1.09M shares traded. Remark Holdings, Inc. (NASDAQ:MARK) has declined 33.48% since February 15, 2017 and is downtrending. It has underperformed by 50.18% the S&P500.

Remark Holdings, Inc. owns, operates, and acquires digital media properties across multiple verticals that deliver content worldwide. The company has market cap of $213.40 million. The firm leverages its digital media assets to target the Millennial demographic, which provides it with access to markets. It currently has negative earnings. It operates KanKan, a social media application and data intelligence platform, which aggregates content and consumer-shopping data across social media platforms; Vegas.com that offers users the ability to book lodging, air travel, show tickets, and tours; and Roomlia, a mobile hotel-booking application.

More notable recent Remark Holdings, Inc. (NASDAQ:MARK) news were published by: Prnewswire.com which released: “Remark Holdings Announces Agreement with Leading Chinese Retailer, Beijing …” on February 05, 2018, also Prnewswire.com with their article: “Remark Holdings Announces Completion of First Project with Charoen Pokphand Group” published on February 12, 2018, Fool.com published: “Why Did Remark Holdings, Inc. Stock Fall Tuesday?” on January 30, 2018. More interesting news about Remark Holdings, Inc. (NASDAQ:MARK) were released by: Prnewswire.com and their article: “Remark Holdings Announces New Agreement for its KanKan SmartEyes Product” published on February 02, 2018 as well as Prnewswire.com‘s news article titled: “Remark Holdings Announces Agreement with Shanghai Open University” with publication date: February 06, 2018.

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