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Fitell Co. (NASDAQ:FTEL – Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 471,300 shares, a growth of 131.6% from the April 30th total of 203,500 shares. Based on an average daily volume of 675,300 shares, the short-interest ratio is […] ....
Fitell’s (NASDAQ:FTEL – Get Free Report) quiet period will end on Monday, September 18th. Fitell had issued 3,000,000 shares in its initial public offering on August 8th. The total size of the offering was $15,000,000 based on an initial share price of $5.00. During Fitell’s quiet period, underwriters and any insiders involved in the IPO […] ....