Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) Short Interest Up 81.3% in May

Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 5,800 shares, a growth of 81.3% from the April 30th total of 3,200 shares. Based on an average trading volume of 11,500 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NTIP. Citadel Advisors LLC raised its stake in Network-1 Technologies by 52.2% in the 4th quarter. Citadel Advisors LLC now owns 31,413 shares of the company’s stock valued at $42,000 after acquiring an additional 10,773 shares during the period. Clayton Partners LLC increased its position in shares of Network-1 Technologies by 1.4% in the first quarter. Clayton Partners LLC now owns 1,230,020 shares of the company’s stock worth $1,599,000 after purchasing an additional 16,865 shares during the period. Principal Street Partners LLC raised its position in shares of Network-1 Technologies by 124.7% in the 4th quarter. Principal Street Partners LLC now owns 36,479 shares of the company’s stock valued at $49,000 after buying an additional 20,245 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Network-1 Technologies in the 1st quarter valued at $58,000. Finally, Canton Hathaway LLC bought a new position in Network-1 Technologies in the first quarter valued at about $67,000. Institutional investors own 29.07% of the company’s stock.

Network-1 Technologies Trading Up 1.2%

Shares of NYSEAMERICAN NTIP traded up $0.02 during mid-day trading on Monday, hitting $1.27. The company’s stock had a trading volume of 272 shares, compared to its average volume of 13,393. Network-1 Technologies has a one year low of $1.17 and a one year high of $1.86. The stock has a market capitalization of $29.15 million, a PE ratio of -21.08 and a beta of 0.14. The company has a fifty day simple moving average of $1.25.

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.