AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN) Shorts Strengthened By 167.64%

April 17, 2018 - By Eula Gilbert

It was showed an increase on AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN)’s short interest with 167.64%. In April was issued ABWN’s total 282,900 short interest by FINRA. That’s 167.64% up from 105,700 shares. AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN) has 355,400 shares average volume. It’ll cost 1 days for ABWN to restore its former position. AIRBORNE WIRELESS NETWORK’s short interest float is 0.73%.

The stock decreased 6.84% or $0.0725 during the last trading session, reaching $0.9875.Airborne Wireless Network has volume of shares. Since April 17, 2017 ABWN has 0.00% and is . ABWN underperformed the S&P 500 by 11.55%.

Airborne Wireless Network, a developmental stage company, focuses on developing, marketing, and licensing a wholesale fully-meshed high-speed broadband airborne wireless network.The company has $96.36 million market cap. This network will enable participating aircraft to act as airborne repeaters or routers, sending and receiving broadband signals from one aircraft to the next creating a digital superhighway in the sky.Currently it has negative earnings. The firm is involved in developing Infinitus, an airborne broadband network providing connectivity for worldwide broadband carrier services using commercial aircraft.

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.