Fronteo Inc – American Depositary Shares (NASDAQ:FTEO) Just Reported Decreased Shorts

The stock of Fronteo Inc – American Depositary Shares (NASDAQ:FTEO) registered a decrease of 57.14% in short interest. FTEO’s total short interest was 300 shares in December as published by FINRA. Its down 57.14% from 700 shares, reported previously. With 100 shares average volume, it will take short sellers 3 days to cover their FTEO’s short positions.

It closed at $15.91 lastly. It is down 38.63% since December 8, 2017 and is uptrending. It has outperformed by 23.01% the S&P500.

FRONTEO, Inc. provides Asian-language eDiscovery solutions and services primarily in the United States, Europe, and Asia. The company has market cap of $300.94 million. The firm has eDiscovery and forensic experience with information documented in Japanese, Korean, and Chinese, as well as English. It has a 82.86 P/E ratio. It assists clients involved in cross-border litigation, administrative proceedings, and internal investigations, including those related to antitrust investigations, intellectual property litigation, the Foreign Corrupt Practices Act, and product liability investigations.

More notable recent FRONTEO, Inc. (NASDAQ:FTEO) news were published by: Globenewswire.com which released: “UBIC announces corporate name change to FRONTEO – GlobeNewswire” on May 26, 2016, also Globenewswire.com with their article: “X1 Appoints Industry Leader Craig Carpenter as CEO – GlobeNewswire” published on September 20, 2018, Globenewswire.com published: “UBIC LAUNCHES “XRY COMPLETE” Mobile Device Investigation Support System for Law Enforcement Agencies – GlobeNewswire” on November 06, 2014. More interesting news about FRONTEO, Inc. (NASDAQ:FTEO) were released by: Globenewswire.com and their article: “UBIC Brings in Top Executive Talent in North America to Support Global High Growth Strategy – GlobeNewswire” published on January 13, 2016 as well as Globenewswire.com‘s news article titled: “Aichi Medical University, Nippon Zoki Pharmaceutical Co., Ltd., and FRONTEO Healthcare, Inc. Begin Joint Research on Creating an AI System to Guide Pain Management – GlobeNewswire” with publication date: May 08, 2017.

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