Short Interest Update on WPCS International Incorporated (WPCS)

WPCS International Incorporated (WPCS) has 106,700 shares of shorts outstanding as on August 15, 2016, with 1 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 112,804 shares. The stock has a decent trading volume of 104,087 shares daily. The marginal decrease in the short positions is by -5.4%, which amounts to -6,104 shares. Short positions are 4.6% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.

WPCS International Incorporated (NASDAQ:WPCS): The stock opened at $1.30 on Wednesday but the bulls could not build on the opening and the stock topped out at $1.34 for the day. The stock traded down to $1.27 during the day, due to lack of any buying support eventually closed down at $1.29 with a loss of -0.77% for the day. The stock had closed at $1.30 on the previous day. The total traded volume was 44,961 shares.


WPCS International Incorporated is engaged in providing contracting services. The Company offers communications infrastructure through its subsidiary WPCS International – Suisun City, Inc. (the Suisun City Operations). The Companys Suisun City Operations communication infrastructure services offer low voltage communications infrastructure contracting services to the public services, healthcare, energy and corporate enterprise markets. The Company creates integrated building systems, including the installation of structured cabling systems. The Company specializes in wireless technology and a combination of various technologies to develop a network for a customers wireless communication requirements, which includes Wi-Fi networks, point-to-point systems, cellular networks, in-building systems and two-way communication systems.

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