Itex Corp. (OTCMKTS:ITEX) Sees Significant Increase in Short Interest

Itex Corp. (OTCMKTS:ITEX – Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 160 shares. Based on an average daily volume of 638 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Itex Price Performance

ITEX remained flat at $3.10 during trading on Tuesday. Itex has a 52 week low of $2.52 and a 52 week high of $3.73. The company has a fifty day moving average price of $3.09 and a 200 day moving average price of $3.03.

About Itex

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ITEX Corporation operates a business-to-business barter marketplace that enables participating companies to exchange goods and services without relying solely on cash. Members use ITEX trade dollars to purchase products and services from other businesses within the network, while the company facilitates transactions through its exchange platform and local market representatives.

The company’s services are designed to help businesses obtain advertising, professional services, merchandise, travel, food, and other offerings through barter.

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