ADAPTIVE MEDIAS (OTCMKTS:ADTM) Shorts Decreased by 49.47% After Short Covering

The stock of ADAPTIVE MEDIAS (OTCMKTS:ADTM) registered a decrease of 49.47% in short interest. ADTM’s total short interest was 47,400 shares in March as published by FINRA. Its down 49.47% from 93,800 shares, reported previously. With 54,000 shares average volume, it will take short sellers 1 days to cover their ADTM’s short positions. The stock increased 12.56% or $0.054 on March 24, hitting $0.484. About 125,091 shares traded hands or 183.04% up from the average. Adaptive Medias Inc (OTCMKTS:ADTM) has risen 142.00% since August 19, 2015 and is uptrending. It has outperformed by 144.10% the S&P500.

Adaptive Medias, Inc. is a technology company. The company has a market cap of $11.02 million. The Firm focuses on providing digital video and mobile technology and service solutions for publishers and content owners who need an easy, efficient, centralized solution for video content management, delivery, syndication and monetization. It currently has negative earnings. The platform offers an HTML5 (Fully Responsive)/Flash-friendly Video Player but is player agnostic and provides content for publishers who need digital video to offer to their audiences or to supplement their video libraries.

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