Could Autoweb Inc (NASDAQ:AUTO) See a Reversal After More Sellers Came In?

The stock of Autoweb Inc (NASDAQ:AUTO) registered an increase of 4.69% in short interest. AUTO’s total short interest was 564,200 shares in December as published by FINRA. Its up 4.69% from 538,900 shares, reported previously. With 21,500 shares average volume, it will take short sellers 26 days to cover their AUTO’s short positions. The short interest to Autoweb Inc’s float is 5.63%.

The stock increased 1.46% or $0.03 during the last trading session, reaching $2.08. About 237,006 shares traded or 429.13% up from the average. AutoWeb, Inc. (NASDAQ:AUTO) has declined 54.02% since December 6, 2017 and is downtrending. It has underperformed by 69.64% the S&P500.

AutoWeb, Inc. operates as an automotive marketing services firm in the United States. The company has market cap of $26.93 million. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to clients through its programs. It currently has negative earnings. The companyÂ’s products include new vehicle lead program, which allows clients to submit requests for pricing and availability of specific makes and models; and used vehicle lead program, as well as finance leads program, which provides vehicle financing and other services from dealers or financial institutions.

More notable recent AutoWeb, Inc. (NASDAQ:AUTO) news were published by: Nasdaq.com which released: “Trump says studying auto tariffs after GM restructuring – Nasdaq” on November 28, 2018, also Nasdaq.com with their article: “European shares hit two-year low as Huawei arrest fuels trade worries – Nasdaq” published on December 06, 2018, Nasdaq.com published: “White House to consider Commerce Dept auto tariff recommendations – Nasdaq” on November 12, 2018. More interesting news about AutoWeb, Inc. (NASDAQ:AUTO) were released by: Nasdaq.com and their article: “4 Automotive Stocks (That Don’t Include Tesla) – Nasdaq” published on November 15, 2018 as well as Nasdaq.com‘s news article titled: “GlassRatner Welcomes Automotive Veteran, Marc Spizzirri, as Senior Managing Director – Nasdaq” with publication date: November 20, 2018.

AutoWeb, Inc. (NASDAQ:AUTO) Ratings Chart

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