Fortran Corp (OTCMKTS:FRTN) Short Interest Up ∞ in June

Fortran Corp (OTCMKTS:FRTN – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 14,944 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 14,629 shares, the short-interest ratio is presently 1.0 days. Approximately 0.1% of the company’s shares are sold short.

Fortran Stock Up 41.7%

Shares of FRTN traded up $0.03 during trading hours on Tuesday, reaching $0.09. 7,748 shares of the company traded hands, compared to its average volume of 12,354. Fortran has a 12 month low of $0.03 and a 12 month high of $0.20. The company’s fifty day moving average price is $0.09 and its two-hundred day moving average price is $0.10. The company has a market capitalization of $2.11 million, a price-to-earnings ratio of 8.51 and a beta of -0.02.

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Fortran Company Profile

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Fortran Corporation, through its subsidiaries, offers communication system integration services to media and communication sectors. The company provides communication solutions designing, sourcing, implementing, and maintenance services. Additionally, it offers mobile billboards, event marketing, conventions and trade shows, and political advertising and editorial statements. The company's subsidiaries include The New Telephone Company, Inc; CCI-Telecom, Inc; B & L Telephone, LLC; and Fortran Communications, Inc Fortran Corporation was formerly known as Burke Mills Inc and changed its name to Fortran Corporation in February 2013.

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