Blonder Tongue Laboratories Inc (NYSEAMERICAN:BDR) Stock Is Shorted Less

Blonder Tongue Laboratories, Inc. (NYSEAMERICAN:BDR) Logo

The stock of Blonder Tongue Laboratories Inc (NYSEAMERICAN:BDR) registered a decrease of 19.1% in short interest. BDR’s total short interest was 214,800 shares in December as published by FINRA. Its down 19.1% from 265,500 shares, reported previously. With 125,500 shares average volume, it will take short sellers 2 days to cover their BDR’s short positions. The short interest to Blonder Tongue Laboratories Inc’s float is 5.73%.

The stock decreased 0.83% or $0.01 during the last trading session, reaching $1.2. About 219 shares traded. Blonder Tongue Laboratories, Inc. (NYSEAMERICAN:BDR) has risen 172.53% since December 6, 2017 and is uptrending. It has outperformed by 156.91% the S&P500.

Blonder Tongue Laboratories, Inc., a technology-development and manufacturing company, provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States. The company has market cap of $11.14 million. It offers digital video headend products comprising high definition and SD, MPEG-2, and MPEG-4/H.264 encoders, as well as quadrature phase shift key to quadrature amplitude modulation transcoders, digital QAM multiplexers; ATSC/QAM-IP transcoders; and EdgeQAM devices. It currently has negative earnings. The firm provides its digital video headend products for use by system operators for acquisition, processing, compression, encoding, and management of digital videos.

More important recent Blonder Tongue Laboratories, Inc. (NYSEAMERICAN:BDR) news were published by: Investingnews.com which released: “Great Panther to Acquire Beadell in US$105-million Deal – Investing News Network” on September 24, 2018, also Investingnews.com published article titled: “Denver Gold Forum Round-Up – Investing News Network”, Investingnews.com published: “Mining M&A Heats Up: Does 3 Deals Make a Trend? – Investing News Network” on October 11, 2018. More interesting news about Blonder Tongue Laboratories, Inc. (NYSEAMERICAN:BDR) was released by: Stockhouse.com and their article: “Blonder Tongue Schedules Conference Call to Discuss Third Quarter 2018 Earnings Results – Stockhouse” with publication date: November 07, 2018.

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