Is Buying BALTIA AIR LINES INCORPORATED (OTCMKTS:BLTA), Having Higher Short Interest a Winning Strategy?

September 17, 2017 - By Stephen Andrade

The stock of BALTIA AIR LINES INCORPORATED (OTCMKTS:BLTA) registered an increase of 192.49% in short interest. BLTA’s total short interest was 85,700 shares in September as published by FINRA. Its up 192.49% from 29,300 shares, reported previously.

The stock increased 14.58% or $0.0007 on September 15, reaching $0.0055. About 7.34M shares traded or 152.23% up from the average. Baltia Air Lines Inc (OTCMKTS:BLTA) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Baltia Air Lines, Inc. is a development-stage company. The company has market cap of $51.93 million. The Firm provides scheduled air transportation from the United States to Russia, the Baltic States and the Ukraine. It currently has negative earnings. Baltia is in Phase III of the FAA Air Carrier Certification.

More notable recent Baltia Air Lines Inc (OTCMKTS:BLTA) news were published by: Prnewswire.com which released: “Baltia Air Lines and Barry Clare Dispute SEC Charges” on March 17, 2016, also Businesswire.com with their article: “Baltia Air Lines Provides First Quarter 2017 Update in a Letter from Its …” published on April 13, 2017, Prnewswire.com published: “Baltia Air Lines Company Update” on May 26, 2016. More interesting news about Baltia Air Lines Inc (OTCMKTS:BLTA) were released by: Marketwatch.com and their article: “0.0055” published on April 15, 2011 as well as Prnewswire.com‘s news article titled: “Baltia Air Lines Announces Management And Board Changes” with publication date: January 05, 2016.

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.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: