FLEXPOINT SENSOR SYSTEMS INC (OTCMKTS:FLXT) Just Reported Increased Shorts

May 27, 2018 - By Maria Brooks

Flexpoint Sensor Systems, Inc. (OTCMKTS:FLXT) Logo

The stock of FLEXPOINT SENSOR SYSTEMS INC (OTCMKTS:FLXT) registered an increase of 154.74% in short interest. FLXT’s total short interest was 34,900 shares in May as published by FINRA. Its up 154.74% from 13,700 shares, reported previously. With 392,100 shares average volume, it will take short sellers 0 days to cover their FLXT’s short positions. The short interest to FLEXPOINT SENSOR SYSTEMS INC’s float is 0.05%.

The stock decreased 5.92% or $0.004 during the last trading session, reaching $0.062. About 80,000 shares traded. Flexpoint Sensor Systems, Inc. (OTCMKTS:FLXT) has 0.00% since May 27, 2017 and is . It has underperformed by 11.55% the S&P500.

Flexpoint Sensor Systems, Inc. designs, engineers, makes, and sells bend sensor technology and products using its patented Bend Sensor flexible potentiometer technology. The company has market cap of $5.76 million. The companyÂ’s Bend Sensor technology is a flexible potentiometer bend sensor product consisting of a coated substrate, such as plastic that changes electrical conductivity as it is bent in a consistent manner. It currently has negative earnings. It provides various products for automotive industry applications, including horn switches, seat belt reminders, braking systems, and emergency vehicles.

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