RESAAS Services Inc. (OTCMKTS:RSASF – Get Rating) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 15,300 shares, a drop of 57.0% from the October 15th total of 35,600 shares. Based on an average trading volume of 11,000 shares, the days-to-cover ratio is presently 1.4 days.
RESAAS Services Stock Performance
Shares of OTCMKTS:RSASF remained flat at $0.17 during midday trading on Friday. The company had a trading volume of 700 shares, compared to its average volume of 8,727. The firm's fifty day moving average is $0.19 and its 200-day moving average is $0.24. The stock has a market capitalization of $12.87 million, a PE ratio of -5.70 and a beta of 0.39. RESAAS Services has a 12-month low of $0.13 and a 12-month high of $0.87.
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RESAAS Services Inc engages in the development of web and mobile communications software for the real estate industry. The company offers a suite of tools, which integrate with the platform, including a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, payment system, and advertising engine.Further Reading
- Get a free copy of the StockNews.com research report on RESAAS Services (RSASF)
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