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

Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 26,500 shares, a decline of 29.3% from the January 15th total of 37,500 shares. Based on an average daily trading volume, of 39,200 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Network-1 Technologies stock. Round Rock Advisors LLC purchased a new position in Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 122,240 shares of the company’s stock, valued at approximately $163,000. Round Rock Advisors LLC owned approximately 0.53% of Network-1 Technologies as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 29.07% of the company’s stock.

Network-1 Technologies Price Performance

Shares of Network-1 Technologies stock traded down $0.01 on Friday, hitting $1.39. 15,522 shares of the company’s stock traded hands, compared to its average volume of 12,016. Network-1 Technologies has a one year low of $1.22 and a one year high of $2.25. The firm has a market cap of $31.91 million, a price-to-earnings ratio of -23.08 and a beta of 0.14.

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.