TeraGo Inc. (OTCMKTS:TRAGF) Sees Large Increase in Short Interest

TeraGo Inc. (OTCMKTS:TRAGF) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 2,500 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 1,356 shares, the days-to-cover ratio is currently 1.8 days.

TeraGo Stock Performance

Shares of TeraGo stock opened at $0.96 on Monday. The business has a fifty day simple moving average of $0.72 and a 200-day simple moving average of $0.71. TeraGo has a fifty-two week low of $0.56 and a fifty-two week high of $1.07.

About TeraGo

TeraGo Inc, together with its subsidiaries, provides connectivity services for businesses primarily in Canada. It owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, and Internet protocol communications network that provide Internet access, private interconnection, and data connectivity services. The company also offers data connectivity services that allow businesses to connect their various sites within a city or across the company's geographic footprint through a private virtual local area network; and a range of diverse Ethernet-based services over a wireless connection to customer locations.