Short Interest in Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) Declines By 52.6%

Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 2,700 shares, a decline of 52.6% from the November 15th total of 5,700 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 35,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Network-1 Technologies

An institutional investor recently raised its position in Network-1 Technologies stock. Clayton Partners LLC increased its stake in Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) by 1.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,529,032 shares of the company’s stock after purchasing an additional 21,246 shares during the period. Network-1 Technologies makes up 2.2% of Clayton Partners LLC’s holdings, making the stock its 21st largest position. Clayton Partners LLC owned approximately 6.60% of Network-1 Technologies worth $2,722,000 as of its most recent filing with the Securities and Exchange Commission. 29.07% of the stock is currently owned by hedge funds and other institutional investors.

Network-1 Technologies Stock Performance

Shares of Network-1 Technologies stock traded down $0.04 on Friday, hitting $1.28. 1,320 shares of the company’s stock traded hands, compared to its average volume of 20,974. The stock has a market capitalization of $29.49 million, a price-to-earnings ratio of -21.33 and a beta of 0.12. Network-1 Technologies has a one year low of $1.24 and a one year high of $2.25.

Network-1 Technologies (NYSEAMERICAN:NTIP) last issued its earnings results on Thursday, October 24th. The company reported ($0.01) EPS for the quarter.

Network-1 Technologies Company Profile

Network-1 Technologies, Inc engages in the development, licensing, and protection of intellectual property assets. The company owns 100 patents, including the Cox patent portfolio related to enabling technology for identifying media content on the Internet; M2M/IoT patent portfolio related to enabling technology for authenticating, provisioning, and using embedded sim technology in IoT, machine-to-machine, and other mobile devices, such as smartphones, tablets, and computers, as well as automobiles; and HFT patent portfolio covering technologies related to high frequency trading that addresses technological problems associated with speed and latency, and provide critical latency gains in trading systems.