What’s Next for Autoweb Inc (NASDAQ:AUTO) After Having More Shares Shorted?

The stock of Autoweb Inc (NASDAQ:AUTO) registered an increase of 4.57% in short interest. AUTO’s total short interest was 656,700 shares in March as published by FINRA. Its up 4.57% from 628,000 shares, reported previously. With 27,800 shares average volume, it will take short sellers 24 days to cover their AUTO’s short positions. The short interest to Autoweb Inc’s float is 8.67%.

The stock increased 7.42% or $0.33 during the last trading session, reaching $4.78. About 198,708 shares traded or 305.29% up from the average. AutoWeb, Inc. (NASDAQ:AUTO) has declined 49.64% since March 14, 2018 and is downtrending. It has underperformed by 54.01% the S&P500.

AutoWeb, Inc. operates as an automotive marketing services firm in the United States. The company has market cap of $62.07 million. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to clients through its programs. It currently has negative earnings. The companyÂ’s products include new vehicle lead program, which allows clients to submit requests for pricing and availability of specific makes and models; and used vehicle lead program, as well as finance leads program, which provides vehicle financing and other services from dealers or financial institutions.

More notable recent AutoWeb, Inc. (NASDAQ:AUTO) news were published by: Nasdaq.com which released: “Remain or leave? Carmakers confront hard Brexit choices – Nasdaq” on February 21, 2019, also Nasdaq.com with their article: “Better Buy: NVIDIA vs. NXP Semiconductors – Nasdaq” published on March 08, 2019, Seekingalpha.com published: “Tesla’s Sales Moat – Seeking Alpha” on March 13, 2019. More interesting news about AutoWeb, Inc. (NASDAQ:AUTO) were released by: Nasdaq.com and their article: “TASER’S FINAL CHALLENGE TO THE VALIDITY OF DIGITAL’S AUTO-ACTIVATION ‘452 PATENT REJECTED BY THE PATENT OFFICE – Nasdaq” published on February 28, 2019 as well as Seekingalpha.com‘s news article titled: “AutoWeb, Inc. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” with publication date: March 08, 2019.

AutoWeb, Inc. (NASDAQ:AUTO) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.