TheMaven, Inc. (OTCMKTS:MVEN) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 7,800 shares, an increase of 680.0% from the September 15th total of 1,000 shares. Based on an average daily trading volume, of 30,300 shares, the days-to-cover ratio is presently 0.3 days.
Shares of OTCMKTS:MVEN traded up $0.02 during midday trading on Thursday, reaching $0.43. The company’s stock had a trading volume of 3,940 shares, compared to its average volume of 21,563. The business’s fifty day simple moving average is $0.54 and its 200-day simple moving average is $0.69. TheMaven has a fifty-two week low of $0.30 and a fifty-two week high of $3.00.
TheMaven (OTCMKTS:MVEN) last announced its earnings results on Monday, August 16th. The company reported ($0.09) EPS for the quarter. The company had revenue of $34.75 million during the quarter.
TheMaven, Inc engages in software development and other related activities in the United States. The company operates the Maven platform, an online publishing platform that provides channel partners the ability to produce and manage editorially focused content and community interaction through tools and services; and provides advertising technology, techniques, and relationships that allow its channel partners to monetize online editorially focused content through various display and custom content advertising solutions.
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