Itex Corp. (OTCMKTS:ITEX) Sees Large Growth in Short Interest
by Scott Moore · The Cerbat GemItex Corp. (OTCMKTS:ITEX – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 160 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 638 shares, the short-interest ratio is currently 0.3 days.
Itex Price Performance
Shares of OTCMKTS ITEX remained flat at $3.10 during midday trading on Monday. Itex has a 12 month low of $2.52 and a 12 month high of $3.73. The stock’s 50-day simple moving average is $3.09 and its two-hundred day simple moving average is $3.03.
Itex Company Profile
ITEX Corporation operates a business-to-business barter marketplace that enables participating companies to exchange goods and services without relying solely on cash. Members use ITEX trade dollars to purchase products and services from other businesses within the network, while the company facilitates transactions through its exchange platform and local market representatives.
The company’s services are designed to help businesses obtain advertising, professional services, merchandise, travel, food, and other offerings through barter.