Short Interest in Bright Mountain Media, Inc. (OTCMKTS:BMTM) Decreases By 92.6%

Bright Mountain Media, Inc. (OTCMKTS:BMTM) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 8 shares, a drop of 92.6% from the April 15th total of 108 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 24,175 shares, the days-to-cover ratio is currently 0.0 days.

Bright Mountain Media Price Performance

OTCMKTS BMTM remained flat at $0.00 during trading on Monday. The firm has a market capitalization of $741,840.00, a price-to-earnings ratio of -0.05 and a beta of 116.15. Bright Mountain Media has a 12-month low of $0.00 and a 12-month high of $0.04.

Bright Mountain Media (OTCMKTS:BMTM) last issued its quarterly earnings results on Tuesday, March 24th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $15.69 million during the quarter.

About Bright Mountain Media

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services. The company serves advertisers, advertising agencies and advertising service organizations. The company was formerly known as Bright Mountain Acquisition Corporation and changed its name to Bright Mountain Media, Inc in December 2015.