Short Interest in Fortran Corp (OTCMKTS:FRTN) Grows By ?

Fortran Corp (OTCMKTS:FRTN) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 14,944 shares, a growth of ? from the May 31st total of 0 shares. Based on an average daily volume of 14,629 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.1% of the company’s stock are short sold.

Fortran Stock Performance

Shares of OTCMKTS:FRTN remained flat at $0.09 during midday trading on Wednesday. The stock had a trading volume of 7,748 shares, compared to its average volume of 2,963. The company has a market capitalization of $2.11 million, a P/E ratio of 8.51 and a beta of -0.02. Fortran has a 1 year low of $0.03 and a 1 year high of $0.20. The stock’s 50 day moving average price is $0.09 and its 200 day moving average price is $0.10.

Fortran Company Profile

Fortran Corporation, through its subsidiaries, offers communication system integration services to media and communication sectors. The company provides communication solutions designing, sourcing, implementing, and maintenance services. Additionally, it offers mobile billboards, event marketing, conventions and trade shows, and political advertising and editorial statements. The company's subsidiaries include The New Telephone Company, Inc; CCI-Telecom, Inc; B & L Telephone, LLC; and Fortran Communications, Inc Fortran Corporation was formerly known as Burke Mills Inc and changed its name to Fortran Corporation in February 2013.