Commercehub Inc – Series C (NASDAQ:CHUBK) Sellers Strengthened Their Shorts By 31.67% As Of Apr 20, 2018

April 20, 2018 - By Leslie Harms

Commercehub Inc – Series C (NASDAQ:CHUBK) recorded an increase of 31.67% in shorted shares. It was published in April by FINRA the 469,400 shorted shares on CHUBK. The 356,500 previous shares are up with 31.67%. Former CHUBK’s position will need 1 days to recover. It has 848,400 average volume. Commercehub Inc – Series C float short is 1.15%.

The stock decreased 0.04% or $0.01 during the last trading session, hitting $22.63.CommerceHub, Inc. has volume of 33,125 shares. Since April 20, 2017 CHUBK has 0.00% and is . CHUBK underperformed the S&P 500 by 11.55%.

CommerceHub, Inc., together with its subsidiaries, provides cloud e-commerce fulfillment and marketing solutions for large retailers, consumer brands, and marketplaces primarily in the United States and Canada.The firm is valued at $987.07 million. The firm provides assortment expansion solutions, which enable its retailer clients to communicate electronically with their drop-ship suppliers; and demand channel solutions that allow sellers to upload their entire product catalog to platform and then transform and syndicate that product catalog to a range of e-commerce demand channels to facilitate consumer demand generation.102.86 is the P/E ratio. It also offers solutions for enhanced delivery experience, which helps retailers and suppliers enhance their consumer delivery networks through the application of algorithms that optimize shipping decisions and allocate physical product inventory across fulfillment locations.

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