Cinedigm Corp – Class A (NASDAQ:CIDM) Sellers Rose By 4.24% Their Shorts As Of Apr 20, 2018

April 20, 2018 - By Andre Harris

Cinedigm Corp. (NASDAQ:CIDM) Corporate Logo

Cinedigm Corp – Class A (NASDAQ:CIDM) had an increase of its shares shorted by 4.24%. FINRA issued shares shorted of CIDM’s total 268,100 shares. The 257,200 previous shares are up with 4.24%. With Average volume 19,800, CIDM’s former position will take 14 days to restore. Cinedigm Corp – Class A float short is 2.17%.

CIDM reached $1.495 during the last trading session after $0.115 change.Cinedigm Corp. is uptrending after having risen 3.09% since April 20, 2017. CIDM has 223,715 volume or 718.36% up from normal. The stock underperformed the S&P 500 by 8.46%.

Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content primarily in the United States.The firm is valued at $52.25 million. The firm operates through four divisions: The First Digital Cinema Deployment, The Second Digital Cinema Deployment, Digital Cinema Services, and Media Content and Entertainment Group.Currently it has negative earnings. It manages a library of distribution rights to various titles and episodes released across digital, physical, and home and mobile entertainment platforms, as well as services digital cinema assets on approximately 12,000 domestic and foreign movie screens.

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