ITEX Co. (OTCMKTS:ITEX – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 800 shares, a growth of 300.0% from the October 15th total of 200 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is currently 0.5 days.
ITEX Stock Performance
Shares of OTCMKTS ITEX traded up $1.20 during trading on Wednesday, reaching $5.50. The company had a trading volume of 672 shares, compared to its average volume of 567. The stock has a 50-day moving average price of $4.66 and a two-hundred day moving average price of $4.68. ITEX has a twelve month low of $3.61 and a twelve month high of $5.55.
ITEX Dividend Announcement
The firm also recently announced a dividend, which will be paid on Friday, December 13th. Investors of record on Monday, December 2nd will be given a dividend of $0.40 per share. The ex-dividend date is Monday, December 2nd.
ITEX Company Profile
ITEX Corporation operates a marketplace in which products and services are exchanged by marketplace members without exchanging cash in the United States. The company’s marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of United States dollars.
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