ANDREA ELECTRONICS CORPORATION (OTCMKTS:ANDR) on Focus After Report of More Shorts

June 18, 2018 - By Nellie Frank

Andrea Electronics Corporation (OTCMKTS:ANDR) Logo

The stock of ANDREA ELECTRONICS CORPORATION (OTCMKTS:ANDR) registered an increase of 5233.33% in short interest. ANDR’s total short interest was 16,000 shares in June as published by FINRA. Its up 5233.33% from 300 shares, reported previously. With 98,900 shares average volume, it will take short sellers 0 days to cover their ANDR’s short positions.

The stock 7.62% or $0 during the last trading session, reaching $0.07. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Andrea Electronics Corporation designs, develops, and makes microphone technologies and products for enhancing speech applications software and communications primarily in the computer and business enterprise markets in the United States and internationally. The company has market cap of $4.54 million. It creates and markets digital signal processing microphone and audio software. It has a 7.78 P/E ratio. The company's DSP microphone and audio noise reduction software products include DA-350 auto array microphone for far-field voice intelligibility and accuracy of automatic speech recognition in high noise environments; DA-250 OEM array microphone, a small compact stereo array microphone and DSP circuit board platform; USB-SA array microphone, which offers a USB digital audio adapter to bypass a computer's standard integrated sound system; PureAudio VST3 plug-in, a noise reduction and center channel focus VST3 plug-in for audio/video editing post-processing; AudioCommander, a PC audio control panel; audio software for Mac that offers an intuitive graphic user interface to control stereo array microphone beam forming and noise cancellation on the input and EQ filters; PureAudio live recorder, a digital voice and audio recording application; and PureAudio pro recorder, which provides bookmarks for navigation of recordings.

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