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Tower One Wireless Corp. (OTCMKTS:TOWTF) Sees Significant Increase in Short Interest

Financial News Live ·  Aug 25, 2022 19:51

Tower One Wireless Corp. (OTCMKTS:TOWTF – Get Rating) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 18,200 shares, an increase of 2,175.0% from the July 31st total of 800 shares. Based on an average daily trading volume, of 188,700 shares, the short-interest ratio is presently 0.1 days.

Tower One Wireless Price Performance

OTCMKTS TOWTF remained flat at $0.07 during trading on Thursday. The company's stock had a trading volume of 61,750 shares, compared to its average volume of 61,461. Tower One Wireless has a one year low of $0.04 and a one year high of $0.12. The business's 50 day simple moving average is $0.06 and its two-hundred day simple moving average is $0.06.

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Tower One Wireless (OTCMKTS:TOWTF – Get Rating) last posted its earnings results on Monday, May 30th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $3.14 million during the quarter.

About Tower One Wireless

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Tower One Wireless Corp. owns, develops, and operates build-to-suit multitenant communications structures in Argentina, Colombia, Mexico, the United States, and internationally. It primarily engages in the leasing of space on communications sites to mobile network operators. The company also provides tower-related services, including site acquisition, zoning and permitting, structural analysis, and construction.

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