Remark Holdings Inc (NASDAQ:MARK) Short Interest Decreased By 0.26%

June 1, 2018 - By Paula Hilliard

Remark Holdings, Inc. (NASDAQ:MARK) Logo

The stock of Remark Holdings Inc (NASDAQ:MARK) registered a decrease of 0.26% in short interest. MARK’s total short interest was 4.05 million shares in June as published by FINRA. Its down 0.26% from 4.06 million shares, reported previously. With 426,900 shares average volume, it will take short sellers 10 days to cover their MARK’s short positions. The short interest to Remark Holdings Inc’s float is 20.93%.

The stock increased 5.43% or $0.24 during the last trading session, reaching $4.66. About 90,694 shares traded. Remark Holdings, Inc. (NASDAQ:MARK) has risen 63.07% since June 1, 2017 and is uptrending. It has outperformed by 50.50% the S&P500.

Remark Holdings, Inc. owns, operates, and acquires digital media properties across multiple verticals that deliver content worldwide. The company has market cap of $153.05 million. The firm leverages its digital media assets to target the Millennial demographic, which provides it with access to markets. It currently has negative earnings. It operates KanKan, a social media application and data intelligence platform, which aggregates content and consumer-shopping data across social media platforms; Vegas.com that offers users the ability to book lodging, air travel, show tickets, and tours; and Roomlia, a mobile hotel-booking application.

More important recent Remark Holdings, Inc. (NASDAQ:MARK) news were published by: Seekingalpha.com which released: “Remark Media’s (MARK) CEO Shing Tao on Q1 2018 Results – Earnings Call Transcript” on May 14, 2018, also Nasdaq.com published article titled: “Mid-Day Market Update: Dow Rises 140 Points; Remark Holdings Shares Plunge”, Prnewswire.com published: “Remark Holdings Sets First Quarter 2018 Earnings Call for Monday, May 14, 2018 at 8:30 am ET” on May 08, 2018. More interesting news about Remark Holdings, Inc. (NASDAQ:MARK) was released by: Streetinsider.com and their article: “Remark Media (MARK) Misses Q1 EPS by 8c, Miss on Revenues” with publication date: May 14, 2018.

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