FLEXPOINT SENSOR SYSTEMS INC (OTCMKTS:FLXT) Shorted Shares Decreased By 75.96%

Flexpoint Sensor Systems, Inc. (OTCMKTS:FLXT) Logo

The stock of FLEXPOINT SENSOR SYSTEMS INC (OTCMKTS:FLXT) registered a decrease of 75.96% in short interest. FLXT’s total short interest was 40,000 shares in December as published by FINRA. Its down 75.96% from 166,400 shares, reported previously. With 538,900 shares average volume, it will take short sellers 0 days to cover their FLXT’s short positions.

The stock decreased 7.94% or $0.005 during the last trading session, reaching $0.058. About 44,541 shares traded. Flexpoint Sensor Systems, Inc. (OTCMKTS:FLXT) has 0.00% since December 8, 2017 and is . It has underperformed by 15.62% the S&P500.

Flexpoint Sensor Systems, Inc. designs, engineers, makes, and sells bend sensor technology and products using its patented Bend Sensor flexible potentiometer technology. The company has market cap of $5.39 million. The companyÂ’s Bend Sensor technology is a flexible potentiometer bend sensor product consisting of a coated substrate, such as plastic that changes electrical conductivity as it is bent in a consistent manner. It currently has negative earnings. It provides various products for automotive industry applications, including horn switches, seat belt reminders, braking systems, and emergency vehicles.

Another recent and important Flexpoint Sensor Systems, Inc. (OTCMKTS:FLXT) news was published by Seekingalpha.com which published an article titled: “Flexpoint Sensor Systems receives significant purchase order from Manus VR – Seeking Alpha” on August 30, 2018.

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