RESAAS Services Inc. (OTCMKTS:RSASF) Sees Significant Increase in Short Interest

RESAAS Services Inc. (OTCMKTS:RSASF) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, an increase of 500.0% from the October 31st total of 200 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 0.5 days.

RESAAS Services Stock Performance

OTCMKTS RSASF traded down $0.04 during trading on Wednesday, hitting $0.15. The stock had a trading volume of 90,300 shares, compared to its average volume of 12,099. The stock has a market capitalization of $11.89 million, a price-to-earnings ratio of -9.24 and a beta of 0.44. RESAAS Services has a one year low of $0.14 and a one year high of $0.40. The stock has a 50 day simple moving average of $0.22 and a 200 day simple moving average of $0.23.

About RESAAS Services

RESAAS Services Inc engages in the development of web and mobile communications software for the real estate industry. The company offers a suite of tools, which integrate with the platform, including a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, payment system, and advertising engine.