Is Buying Flame Seal Products Inc Common (OTCMKTS:FLMP), Having Higher Short Interest a Winning Strategy?

Flame Seal Products, Inc. (OTCMKTS:FLMP) Logo

The stock of Flame Seal Products Inc Common (OTCMKTS:FLMP) registered an increase of 36% in short interest. FLMP’s total short interest was 13,600 shares in December as published by FINRA. Its up 36% from 10,000 shares, reported previously. With 94,700 shares average volume, it will take short sellers 0 days to cover their FLMP’s short positions.

The stock decreased 1.20% or $0.0003 during the last trading session, reaching $0.0246. About 289,000 shares traded or 1862.25% up from the average. Flame Seal Products, Inc. (OTCMKTS:FLMP) has 0.00% since December 8, 2017 and is . It has underperformed by 15.62% the S&P500.

Flame Seal Products, Inc. develops fire prevention technologies in the United States. The company has market cap of $1.76 million. It offers fire retardant coatings, as well as fabric fire, leather fire, paper fire, wood fire, and wildfire retardants. It currently has negative earnings.

More recent Flame Seal Products, Inc. (OTCMKTS:FLMP) news were published by: Globenewswire.com which released: “Flame Seal Products, Inc. Releases December 31, 2017 Fourth Quarter and Full Year Results – GlobeNewswire” on March 09, 2018. Also Globenewswire.com published the news titled: “Flame Seal Products, Inc. Releases March 31, 2018 Results Other OTC:FLMP – GlobeNewswire” on May 21, 2018. Globenewswire.com‘s news article titled: “Flame Seal Products, Inc. Releases September 30, 2018 Results and Corporate Update – GlobeNewswire” with publication date: November 14, 2018 was also an interesting one.

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