Trading volume for Marathon Patent Grou was 180K on Tuesday. Volume was down 82.40% under the stocks average daily volume.
Short traders are more bullish on the company if you watch the change in short interest. The firm realized a fall in short interest from September 29, 2017 to October 13, 2017 of -17.14%. Short shares fell from 2,081,434 to 1,724,612 over that period. With short interest at 1,724,612 and short average daily volume at 861,359, the short-interest ratio is 2.0 and the short interest percentage is 0.22% as of October 13.
The following firms have recently changed their position in MARA. Creative Planning reduced its investment by shedding 800 shares a decrease of 48.2% from 03/31/2017 to 06/30/2017. Creative Planning owns 859 shares with a value of $0. The value of the position overall is down by 100.0%. Ubs Group Ag grew its ownership by buying 4,719 shares an increase of 28.8% as of 06/30/2017. Ubs Group Ag claims 21,079 shares worth $8,000. The total value of its holdings decreased 52.9%.
Cutler Group LP expanded its stake by buying 2,330 shares an increase of 137.1% in the quarter. Cutler Group LP now controls 4,030 shares valued at $1,000. The value of the position overall is down by 85.7%. As of the end of the quarter TCI Wealth Advisors, Inc. had sold 6,500 shares trimming its position 72.2%. The value of the investment in (MARA) went from $3,000 to $1,000 a change of $2,000 for the reporting period.
In the market the company is trading down by 3.73% since yesterday’s close of 1.34. Marathon Patent Grou currently has a P/E ratio of N/A and the market cap is 10.03M. In the last earnings report the EPS was $-9.47 with 7.78M shares currently outstanding.
Marathon Patent Group, Inc., launched on February 23, 2010, is a patent acquisition, monetization and commercialization company. The Company acquires patents and patent rights from their owners ranging from individual inventors to Fortune 500 companies. The Business’s commercialization division is focused on the commercialization lifecycle, which includes discovering opportunities, performing due diligence, providing capital, managing development, protecting and developing Internet Protocol (IP), assisting in execution of the business plan and realizing shareholder value..