BTCS INCORPORATED (OTCMKTS:BTCS) Stock Is Shorted More

September 17, 2017 - By Linda Rogers

The stock of BTCS INCORPORATED (OTCMKTS:BTCS) registered an increase of 336.65% in short interest. BTCS’s total short interest was 4.17M shares in September as published by FINRA. Its up 336.65% from 954,100 shares, reported previously. With 42.17 million shares average volume, it will take short sellers 0 days to cover their BTCS’s short positions.

The stock increased 31.08% or $0.026 during the last trading session, reaching $0.11. About 17.22 million shares traded or 1.06% up from the average. BTCS Inc (OTCMKTS:BTCS) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

BTCS Inc., formerly Bitcoin Shop, Inc., is engaged in the business of hosting an online e-commerce marketplace where clients can purchase merchandise using digital currencies, including bitcoin and with activities in the blockchain and digital currency ecosystems. The company has market cap of $11.68 million. The Firm operates a beta e-commerce marketplace, which accepts a range of digital currencies, have designed a beta secure digital currency storage solution BTCS Wallet. It currently has negative earnings. The Company’s transaction verification services business enables running application-specific integrated circuit (ASIC) servers.

More important recent BTCS Inc (OTCMKTS:BTCS) news were published by: Marketwatch.com which released: “0.11” on March 07, 2014, also Seekingalpha.com published article titled: “CBOE plans to launch bitcoin futures”, Seekingalpha.com published: “Crypto coin market a ‘time bomb’?” on July 19, 2017. More interesting news about BTCS Inc (OTCMKTS:BTCS) was released by: Seekingalpha.com and their article: “Bitcoin split on the horizon” with publication date: August 01, 2017.

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