Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP – Get Free Report) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 9,400 shares, a decline of 47.2% from the February 13th total of 17,800 shares. Based on an average daily trading volume, of 31,400 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.
Network-1 Technologies Price Performance
NYSEAMERICAN NTIP traded down $0.02 during trading on Friday, reaching $1.35. 16,339 shares of the company’s stock were exchanged, compared to its average volume of 15,887. The company has a market capitalization of $30.99 million, a price-to-earnings ratio of -22.42 and a beta of 0.14. Network-1 Technologies has a 1 year low of $1.22 and a 1 year high of $2.15.
Network-1 Technologies Announces Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.05 per share. This represents a yield of 7.1%. The ex-dividend date of this dividend is Friday, March 14th. Network-1 Technologies’s dividend payout ratio (DPR) is -166.67%.
Institutional Trading of Network-1 Technologies
Network-1 Technologies Company Profile
Network-1 Technologies, Inc engages in the development, licensing, and protection of intellectual property assets. The company owns 100 patents, including the Cox patent portfolio related to enabling technology for identifying media content on the Internet; M2M/IoT patent portfolio related to enabling technology for authenticating, provisioning, and using embedded sim technology in IoT, machine-to-machine, and other mobile devices, such as smartphones, tablets, and computers, as well as automobiles; and HFT patent portfolio covering technologies related to high frequency trading that addresses technological problems associated with speed and latency, and provide critical latency gains in trading systems.
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