Short Interest in Bright Mountain Media, Inc. (OTCMKTS:BMTM) Decreases By 92.6%

Bright Mountain Media, Inc. (OTCMKTS:BMTM) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 8 shares, a decline of 92.6% from the April 15th total of 108 shares. Based on an average daily volume of 24,175 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Bright Mountain Media Price Performance

OTCMKTS BMTM remained flat at $0.00 on Monday. Bright Mountain Media has a twelve month low of $0.00 and a twelve month high of $0.04. The firm has a market cap of $741,840.00, a PE ratio of -0.05 and a beta of 116.15.

Bright Mountain Media (OTCMKTS:BMTM) last posted its quarterly earnings data on Tuesday, March 24th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $15.69 million during the quarter.

About Bright Mountain Media

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services. The company serves advertisers, advertising agencies and advertising service organizations. The company was formerly known as Bright Mountain Acquisition Corporation and changed its name to Bright Mountain Media, Inc in December 2015.