Could Airgain Inc (NASDAQ:AIRG) See a Reversal After Less Sellers Came In?

June 17, 2018 - By Migdalia James

The stock of Airgain Inc (NASDAQ:AIRG) registered a decrease of 3.12% in short interest. AIRG’s total short interest was 570,800 shares in June as published by FINRA. Its down 3.12% from 589,200 shares, reported previously. With 27,800 shares average volume, it will take short sellers 21 days to cover their AIRG’s short positions. The short interest to Airgain Inc’s float is 7.21%.

The stock increased 3.77% or $0.34 during the last trading session, reaching $9.35. About 84,250 shares traded or 63.08% up from the average. Airgain, Inc. (NASDAQ:AIRG) has declined 40.64% since June 17, 2017 and is downtrending. It has underperformed by 53.21% the S&P500.

Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, and service providers worldwide. The company has market cap of $88.29 million. The companyÂ’s products include MaxBeam high gain embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra embedded antennas; omnimax high performance external antennas; MaxBeam carrier class antenna; and SmartMax Embedded Antennas. It currently has negative earnings. It provides embedded antenna technologies to enable high performance wireless networking across a range of home, enterprise, and industrial devices.

More news for Airgain, Inc. (NASDAQ:AIRG) were recently published by: Businesswire.com, which released: “Airgain Sets Q2 2018 Financial Conference Schedule” on May 23, 2018. Benzinga.com‘s article titled: “40 Biggest Movers From Yesterday” and published on June 15, 2018 is yet another important article.

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