Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) Short Interest Update

Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 9,300 shares, a growth of 158.3% from the February 29th total of 3,600 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 10,400 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On Network-1 Technologies

A number of institutional investors have recently added to or reduced their stakes in NTIP. Clayton Partners LLC grew its position in shares of Network-1 Technologies by 4.4% during the first quarter. Clayton Partners LLC now owns 1,179,837 shares of the company’s stock worth $2,537,000 after acquiring an additional 49,409 shares during the last quarter. Vanguard Group Inc. boosted its stake in Network-1 Technologies by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 602,388 shares of the company’s stock valued at $1,313,000 after buying an additional 8,629 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Network-1 Technologies by 2.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 471,211 shares of the company’s stock valued at $1,060,000 after purchasing an additional 9,874 shares in the last quarter. Bridgeway Capital Management LLC increased its stake in Network-1 Technologies by 4.8% in the 4th quarter. Bridgeway Capital Management LLC now owns 172,319 shares of the company’s stock worth $376,000 after purchasing an additional 7,872 shares in the last quarter. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of Network-1 Technologies in the second quarter worth $58,000. Institutional investors and hedge funds own 29.07% of the company’s stock.

Network-1 Technologies Price Performance

Shares of NYSEAMERICAN NTIP traded up $0.03 during trading on Thursday, hitting $2.08. 7,163 shares of the company traded hands, compared to its average volume of 10,835. Network-1 Technologies has a 1 year low of $1.98 and a 1 year high of $2.60.

Network-1 Technologies (NYSEAMERICAN:NTIP) last released its quarterly earnings data on Friday, March 8th. The company reported $0.02 EPS for the quarter. The firm had revenue of $1.78 million during the quarter.

Network-1 Technologies Dividend Announcement

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.05 per share. This represents a dividend yield of 4.6%. The ex-dividend date is Thursday, March 14th. Network-1 Technologies’s dividend payout ratio is presently -166.67%.

About Network-1 Technologies

Network-1 Technologies, Inc develops, licenses, and protects intellectual property assets. The company owns 97 patents, including the Cox patent portfolio relating to enabling technology for identifying media content on the Internet; M2M/IoT patent portfolio related to enabling technology for authenticating, provisioning, and using embedded sim technology in next generation IoT, machine-to-machine, and other mobile devices, including smartphones, tablets, and computers, as well as automobiles and drones; and HFT patent portfolio covering technologies relating to high frequency trading that addresses technological problems associated with speed and latency, and provide critical latency gains in trading systems.