Short Interest in Glowpoint, Inc. (GLOW) Drops By 74.7%

Glowpoint, Inc. (NYSEAMERICAN:GLOW) saw a large drop in short interest in December. As of December 29th, there was short interest totalling 35,993 shares, a drop of 74.7% from the December 15th total of 142,463 shares. Based on an average daily trading volume, of 1,671,935 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are short sold.

Shares of Glowpoint (NYSEAMERICAN:GLOW) opened at $0.36 on Thursday. Glowpoint has a twelve month low of $0.19 and a twelve month high of $0.65. The company has a market capitalization of $14.60, a PE ratio of 2.57 and a beta of 0.13.

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Glowpoint Company Profile

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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