TINTRI INC (OTCMKTS:TNTRQ) Shorts Decreased by 8.01% After Short Covering

October 13, 2018 - By Clifton Ray

The stock of TINTRI INC (OTCMKTS:TNTRQ) registered a decrease of 8.01% in short interest. TNTRQ’s total short interest was 254,800 shares in October as published by FINRA. Its down 8.01% from 277,000 shares, reported previously. With 401,200 shares average volume, it will take short sellers 1 days to cover their TNTRQ’s short positions.

The stock increased 5.00% or $0.001 during the last trading session, reaching $0.021. About 176,669 shares traded. Tintri, Inc. (OTCMKTS:TNTRQ) has 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

Tintri, Inc. develops and markets an enterprise cloud platform combining cloud management software technology and a range of all-flash storage systems for virtualized and cloud environments in the United States and internationally. The company has market cap of $705,373. The company's platform provides large organizations and cloud service providers with public cloud capabilities inside their data centers and public cloud services. It currently has negative earnings. The Company’s products and technologies include Tintri CONNECT, a proprietary software architecture for virtualized and cloud applications; Tintri OS, which helps the interaction between the virtualized infrastructure and the underlying storage serving that infrastructure; Tintri Global Center, an intelligent data and system management product; and VM Scale-out software, which creates resource pools of Tintri storage systems and optimizes the location of applications.

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