80K shares changed hands in the last trading session. Volume was down 81.03% under the stocks average daily volume.
Short traders are feeling a little more bearish on the company looking at the change in short interest. The stock realized a rise in short interest of 45.83% as of October 13, 2017 from the last reporting period. Short interest grew from 104,020 to 151,691 over that timeframe. The days to cover decreased to 0.0 and the percentage of shorted shares was 0.01% on October 13.
The following firms have recently changed their position in IFON. Blackrock Inc. added to its holdings by buying 1,016 shares an increase of 17.8% from 03/31/2017 to 06/30/2017. Blackrock Inc. controls 6,738 shares valued at $3,000. The value of the position overall is down by 0.0%. As of the end of the quarter Bank Of NEW York Mellon Corp had bought a total of 9,823 shares growing its holdings by 218.1%. The value of the total investment in InfoSonics Corp increased from $2,000 to $7,000 a change of $5,000 quarter over quarter.
Kcg Holdings, Inc. grew its stake by buying 2,639 shares an increase of 25.8%. Kcg Holdings, Inc. now holds 12,875 shares worth $6,000. The total value of its holdings decreased 0.0%. Ubs Group Ag bolstered its position by buying 1,569 shares an increase of 9.5% in the quarter. Ubs Group Ag now controls 18,069 shares with a value of $8,000. The value of the position overall is down by 11.1%.
The company is so far trading up by 0.65% since yesterday’s close of $1.54. Shares of the company are trading at $1.54 quite a bit below $1.74, the stock’s 50 day moving average and significantly below the 200 day moving average of $2.14. The 50 day moving average went down by -11.55% and the 200 day average went down $-0.60 or -28.05%.
InfoSonics Corporation, launched on July 24, 2003, is a provider of wireless handsets (phones, cell phones, mobile phones, feature phones and smartphones), tablets and accessories to carriers and distributors in Latin America and the United States. The Company defines, sources and sells a line of products under the verykool brand. Its verykool products include a range of global system for mobile communication (GSM) feature phones and Android-based smartphones. The Company is the parent company of various subsidiaries engaged in the design, development, manufacturing, sale and distribution of the Business’s line of products. It also provides service and support in the countries where its branded products are sold. It also sells its products on a private-label basis under an original design manufacturer (ODM) business in China, India, South East Asia, Europe and Africa. Its customers include network operators, open market distributors and ODM customers. Its verykool products are sold in over 20 countries and approximately five continents around the world..Advertisement