Trading was light with 8,086 shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of 87.99% under the normal average daily volume.
Investors are feeling more bearish on shares of the company if you look at the rise in short interest. The stock experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 12.46%. Short shares increased from 42,691 to 48,010 over that timeframe. Days to cover decreased from 4.0 to 1.0 and the percentage of shorted shares was 0.01% on October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (SHSP). Morgan Stanley cut its investment by shedding 15,072 shares a decrease of 99.6% from 03/31/2017 to 06/30/2017. Morgan Stanley owns 61 shares worth $0. The total value of its holdings decreased 100.0%. Deutsche Bank Ag reduced its ownership by selling 10,992 shares a decrease of 87.9% as of 06/30/2017. Deutsche Bank Ag controls 1,508 shares valued at $6,000. The value of the position overall is down by 89.5%.
Blackrock Inc. divested its holdings by shedding 1,382 shares a decrease of 60.7% in the quarter. Blackrock Inc. claims 893 shares with a value of $4,000. The total value of its holdings decreased 60.0%. Thompson Davis & Co., Inc. downsized its position by selling 250 shares a decrease of 33.3%. Thompson Davis & Co., Inc. now holds 500 shares worth $2,000. The value of the position overall is down by 33.3%.
The company is trading up from yesterday’s close of 4.01. The company currently has a P/E ratio of N/A and the market cap of the company is 34.32M. As of the last earnings report the EPS was $-0.80 with 8.43M shares currently outstanding.
SharpSpring, Inc., formerly SMTP, Inc., launched on November 22, 2010, is a cloud-based marketing technology company. The Business’s SharpSpring marketing automation platform uses features, such as Web tracking, lead scoring and automated workflow to enable businesses deliver messages to the customers. All of its products are designed and built as software as a service (SaaS) offerings. The Company operates globally with offices on over three continents through its subsidiaries that consist of SharpSpring Technologies, Inc.; InterInbox SA; ERNEPH 2012A (Pty) Ltd. doing business as ISMS; ERNEPH 2012B (Pty) Ltd. doing business as GraphicMail South Africa; Quattro Hosting LLC; SMTP Holdings S.a.r.l., and InterCloud Ltd..