CFN Enterprises Inc. (OTCMKTS:CNFN) Sees Large Increase in Short Interest

CFN Enterprises Inc. (OTCMKTS:CNFN) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 200 shares, a growth of 100.0% from the October 15th total of 100 shares. Based on an average trading volume of 4,800 shares, the short-interest ratio is currently 0.0 days.

CFN Enterprises Trading Down 7.4 %

Shares of OTCMKTS CNFN traded down $0.03 during trading hours on Thursday, reaching $0.41. The stock had a trading volume of 5,200 shares, compared to its average volume of 9,233. The business’s fifty day moving average price is $0.45 and its two-hundred day moving average price is $0.50. The firm has a market cap of $33.50 million, a price-to-earnings ratio of -1.85 and a beta of 0.53. CFN Enterprises has a 52-week low of $0.09 and a 52-week high of $1.00.

CFN Enterprises (OTCMKTS:CNFN) last posted its quarterly earnings results on Monday, August 12th. The company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $5.89 million during the quarter.

About CFN Enterprises

CFN Enterprises Inc engages in the sponsored content and marketing business in the United States. The company sets up and manages compliant and turnkey ad campaigns, as well as runs sponsored content, including articles, press releases, videos, podcasts, advertisements and other media, email advertisements, and other marketing campaigns for public and private companies.