Is Buying UPDATER INC CHESS DEPOSITORY INT AUSTRA (OTCMKTS:UDTRL), Having Higher Short Interest a Winning Strategy?

June 13, 2018 - By Gloria Calhoun

The stock of UPDATER INC CHESS DEPOSITORY INT AUSTRA (OTCMKTS:UDTRL) registered an increase of 1.74% in short interest. UDTRL’s total short interest was 3.41M shares in June as published by FINRA. Its up 1.74% from 3.35 million shares, reported previously.

It closed at $0.75 lastly. It is down 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Updater, Inc. develops and markets tools for clients to complete their moving-related tasks in the United States. The company has market cap of $367.31 million. The firm offers Mover product that provides a digital platform to organize and complete moving-related tasks; real estate products that enable real estate companies to provide and configure the Mover product experience for their clients; and Business product to acquire and retain clients during the relocation event. It currently has negative earnings. It also provides Real Estate Integration Platform, which enables real estate companies to share mover information with updater; and Business Integration Platform that enables Businesses Partners to register various products and/or services for relocating consumers.

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