Netshoes Cayman Limited (NYSE:NETS) on Focus After Report of Less Shorts

July 18, 2017 - By Hazel Jackson

 Netshoes Cayman Limited (NYSE:NETS) on Focus After Report of Less Shorts

The stock of Netshoes Cayman Limited (NYSE:NETS) registered a decrease of 53.66% in short interest. NETS’s total short interest was 110,100 shares in July as published by FINRA. Its down 53.66% from 237,600 shares, reported previously. With 60,500 shares average volume, it will take short sellers 2 days to cover their NETS’s short positions.

The stock decreased 2.24% or $0.44 on July 17, reaching $19.17. About shares traded. Netshoes (CAYMAN) Ltd (NYSE:NETS) has 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

Netshoes Limited is a sports and lifestyle online retailer in Latin America. The company has market cap of $571.34 million. The Firm focuses on offering an online consumer platform in Latin America. It currently has negative earnings. The Firm operates through two divisions: Brazil and International.

More notable recent Netshoes (CAYMAN) Ltd (NYSE:NETS) news were published by: Reuters.com which released: “BRIEF-Netshoes reports Q1 loss per share $0.57” on May 15, 2017, also Marketwatch.com with their article: “19.17” published on January 12, 2017, Seekingalpha.com published: “Sports And Lifestyle Online Retailer, Netshoes (Cayman) Prepares For IPO” on April 11, 2017. More interesting news about Netshoes (CAYMAN) Ltd (NYSE:NETS) were released by: Businesswire.com and their article: “Netshoes Limited Reports First Quarter 2017 Results” published on May 15, 2017 as well as Businesswire.com‘s news article titled: “Netshoes (Cayman) Ltd. Announces Date for First Quarter 2017 Earnings Release …” with publication date: May 03, 2017.

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