Glowpoint, Inc. (GLOW) Short Interest Update

Glowpoint, Inc. (NYSEAMERICAN:GLOW) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 142,463 shares, an increase of 85.2% from the November 30th total of 76,924 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 898,624 shares, the days-to-cover ratio is presently 0.2 days.

Glowpoint (NYSEAMERICAN GLOW) traded down $0.03 during trading hours on Wednesday, hitting $0.36. The company had a trading volume of 894,568 shares, compared to its average volume of 322,820. Glowpoint has a 12 month low of $0.19 and a 12 month high of $0.65. The company has a market cap of $12.23, a price-to-earnings ratio of 2.57 and a beta of 0.13.

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About Glowpoint

Glowpoint, Inc provides video collaboration and network applications. The Company provides a range of video collaboration services, from automated to orchestrated, to address the spectrum of user experience and business applications. It delivers its services through a hybrid service platform or as a service layer on top of its customers’ video infrastructure.

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