Glowpoint, Inc. (NYSEAMERICAN:GLOW) was the target of a significant drop in short interest in December. As of December 29th, there was short interest totalling 35,993 shares, a drop of 74.7% from the December 15th total of 142,463 shares. Based on an average trading volume of 1,671,935 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short.
Shares of Glowpoint (GLOW) opened at $0.37 on Friday. The stock has a market capitalization of $13.27, a price-to-earnings ratio of 2.62 and a beta of 0.13. Glowpoint has a 52 week low of $0.19 and a 52 week high of $0.65.
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Glowpoint Company Profile
Glowpoint, Inc provides video collaboration and network applications. The Company provides a range of video collaboration services, from automated to orchestrated, to address the spectrum of user experience and business applications. It delivers its services through a hybrid service platform or as a service layer on top of its customers’ video infrastructure.
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