The Marketing Alliance Inc. (OTCMKTS:MAAL) Shares Shorted: Short Interest Down 36.7% in October

The Marketing Alliance Inc. (OTCMKTS:MAAL) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 854 shares, a drop of 36.7% from the September 30th total of 1,350 shares. Based on an average daily volume of 2,835 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Marketing Alliance Price Performance

MAAL opened at $1.41 on Tuesday. The business has a 50-day moving average of $1.70 and a two-hundred day moving average of $1.54. Marketing Alliance has a 12 month low of $1.16 and a 12 month high of $1.87. The stock has a market capitalization of $9.73 million, a price-to-earnings ratio of 10.07 and a beta of 0.79.

Marketing Alliance (OTCMKTS:MAAL) last released its earnings results on Tuesday, August 11th. The financial services provider reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $4.75 million during the quarter.

About Marketing Alliance

Marketing Alliance, Inc (OTCMKTS: MAAL) is a marketing and support organization serving independent insurance agents and financial-services professionals. The company’s activities have included helping producers market and sell insurance and related financial products through sales support, marketing resources and business-development programs.

Its services have generally focused on tools and assistance designed to help independent agents attract prospective clients, improve sales processes and manage insurance cases.