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A Reversal for Atento S.A. Ordinary Shares (NYSE:ATTO) Is Near. The Stock Has Decrease in Shorts

Atento S.A. (NYSE:ATTO) Logo

The stock of Atento S.A. Ordinary Shares (NYSE:ATTO) registered a decrease of 8.92% in short interest. ATTO’s total short interest was 149,100 shares in November as published by FINRA. Its down 8.92% from 163,700 shares, reported previously. With 84,800 shares average volume, it will take short sellers 2 days to cover their ATTO’s short positions. The short interest to Atento S.A. Ordinary Shares’s float is 0.6%.

The stock decreased 4.68% or $0.29 during the last trading session, reaching $5.91. About 179,282 shares traded or 52.26% up from the average. Atento S.A. (NYSE:ATTO) has declined 34.75% since November 10, 2017 and is downtrending. It has underperformed by 50.37% the S&P500.

Atento S.A., together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. The company has market cap of $436.80 million. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services. It currently has negative earnings. The firm serves clients primarily in the telecommunications and financial services sectors; and in multi-sectors, including consumer goods, retail, public administration, healthcare, travel, and transportation and logistics, as well as technology and media.

Another recent and important Atento S.A. (NYSE:ATTO) news was published by Prnewswire.com which published an article titled: “Atento Strengthens its Clear Leadership Position in the Latin American Contact Center Outsourcing Services Market” on November 08, 2018.

Atento S.A. (NYSE:ATTO) Ratings Chart

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