Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) Short Interest Update

Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 40,900 shares, an increase of 948.7% from the December 15th total of 3,900 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 47,100 shares, the days-to-cover ratio is presently 0.9 days.

Network-1 Technologies Stock Performance

NYSEAMERICAN NTIP remained flat at $1.42 during trading hours on Monday. 8,675 shares of the company traded hands, compared to its average volume of 21,025. The company has a market cap of $32.72 million, a PE ratio of -23.67 and a beta of 0.12. Network-1 Technologies has a twelve month low of $1.22 and a twelve month high of $2.25.

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

Institutional Investors Weigh In On Network-1 Technologies

An institutional investor recently raised its position in Network-1 Technologies stock. Clayton Partners LLC lifted its stake in shares of Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) by 1.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,529,032 shares of the company’s stock after purchasing an additional 21,246 shares during the period. Network-1 Technologies accounts for 2.2% of Clayton Partners LLC’s investment portfolio, making the stock its 21st biggest holding. Clayton Partners LLC owned approximately 6.60% of Network-1 Technologies worth $2,722,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 29.07% of the company’s stock.

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.