0.73% Less Pareteum Corporation (NASDAQ:TEUM) Short Interest

November 10, 2018 - By Mike Johnson

Pareteum Corporation (NASDAQ:TEUM) recorded a decrease of 0.73% in shares shorted. It was published in November by FINRA the 6.43 million shares shorted on TEUM. Previously was reported down change of 0.73% from 6.48 million shares. With Average volume 1.25 million, TEUM’s former position will take 5 days to restore.

TEUM is hitting $2.22 during the last trading session, after decreased 5.13%.Pareteum Corporation has volume of 1.11M shares. Since November 10, 2017 TEUM has risen 174.75% and is uptrending. TEUM outperformed by 159.13% the S&P 500.

Pareteum Corporation provides mobile networking software and services for the mobile, mobile virtual network operators, enterprise, and Internet of Things markets in Europe and internationally.The firm is worth $219.80 million. It operates a communications cloud services platform, which provides mobility, messaging and, security services and applications, with a single-sign-on, application program interface , and software development suite.Last it reported negative earnings. The company??s platform hosts integrated IT/back office and core network functionality for mobile network operators, and for enterprises to implement and leverage mobile communications solutions on a Software as a Service, Platform as a Service, or Infrastructure as a Service basis.

Another two news for Pareteum Corporation (NASDAQ:TEUM) were recently announced by: Prnewswire.com on October 23, 2018 with title “Pareteum Now Trading on Nasdaq”. The other Nasdaq.com‘s article was titled “Pareteum to support launch of Kyiv, Ukraine’s first US-based Smart City Accelerator in Silicon Valley on Nov. 15 with …” and announced on November 01, 2018.

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