Social Reality Inc. (NASDAQ:SRAX) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 1,347,212 shares, an increase of 31.4% from the November 15th total of 1,025,119 shares. Currently, 26.3% of the company’s shares are short sold. Based on an average daily trading volume, of 3,548,686 shares, the days-to-cover ratio is currently 0.4 days.
SRAX has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Social Reality from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. ValuEngine upgraded shares of Social Reality from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, Chardan Capital reiterated a “buy” rating on shares of Social Reality in a report on Tuesday, September 26th.
Social Reality (NASDAQ:SRAX) opened at $5.73 on Friday. Social Reality has a fifty-two week low of $1.11 and a fifty-two week high of $7.95. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.49.
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About Social Reality
Social Reality, Inc is an Internet advertising and platform technology company. The Company provides tools to automate the digital advertising market. It is engaged in the sales of digital media advertising campaigns to advertising agencies and brands; sales of media inventory through real-time bidding (RTB) exchanges; sale and licensing of its SRAX Social platform and related media, and creation of custom platforms for buying media on SRAX for various brands.
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