Will NAMASTE TECH ORD (OTCMKTS:NXTTF) Run Out of Steam Soon? Short Interest is Up – BZ Weekly

January 2, 2018 – By Marguerite Chambers

The stock of NAMASTE TECH ORD (OTCMKTS:NXTTF) registered an increase of 326.63% in short interest. NXTTF’s total short interest was 282,000 shares in January as published by FINRA. Its up 326.63% from 66,100 shares, reported previously. With 4.27M shares average volume, it will take short sellers 0 days to cover their NXTTF’s short positions.

The stock increased 16.85% or $0.4 during the last trading session, reaching $2.75. About 1.75M shares traded or 51.94% up from the average. Namaste Technologies Inc. (OTCMKTS:NXTTF) has 0.00% since January 2, 2017 and is . It has underperformed by 16.70% the S&P500.

Namaste Technologies Inc. develops, makes, and distributes vaporizers and accessories for aromatherapy purposes worldwide. The company has market cap of $643.13 million. It primarily offers Guru, an improved vaporizer capable of seamlessly vaporizing liquids, concentrates, and dry herbs from a single portable unit. It currently has negative earnings. The firm provides its products under the brand names of Namaste Vapes, Green Vapes, Grizzly Originals, Vape Gossip, VaporSeller, and Groovy Vapes.

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