support.com (SPRT) : Traders are getting increasingly bearish on support.com (SPRT), as can be seen in the addition of short positions from 112,177 on Jul 29, 2016, to 116,851 on August 15, 2016. The net change in shorts is 4,674 shares, an increase of 4.2%. 1 days remain before the expiry. The 0.2% of outstanding short positions on the stock compared to its float, shows that traders expect the stock to fall from the current levels. The daily volume of the stock is 105,336. The short interest information was released on Wednesday Aug 24th after the market close.
support.com (NASDAQ:SPRT): The stock opened at $0.85 on Wednesday but the bulls could not build on the opening and the stock topped out at $0.89 for the day. The stock traded down to $0.84 during the day, due to lack of any buying support eventually closed down at $0.85 with a loss of -0.01% for the day. The stock had closed at $0.85 on the previous day. The total traded volume was 98,599 shares.
In a related news, Cholawsky Elizabeth, CEO of Support.Com, Inc., executed a transaction worth $4,450 on August 1, 2016. A total of 5,000 shares were purchased at an average price of $0.89. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Support.com, Inc. (Support.com) is a provider of cloud-based software and services that enable technology support for a connected world. The Company offers outsourced support services for service providers, retailers and technology companies. Its technology support services programs are designed for both the consumer and small business markets, and include computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support. Its cloud-based offering, Nexus, is a SaaS solution for companies to support interactions with their customers using their own or third-party support personnel. It also offers end-user software products, including tools and apps designed for most common technology issues, including computer and mobile device maintenance, optimization and security. Its brands include SUPPORT.COM, PERSONAL TECHNOLOGY EXPERTS, BUSINESS TECHNOLOGY EXPERTS and NEXUS.