Short Interest in RESAAS Services Inc. (OTCMKTS:RSASF) Grows By 500.0%

RESAAS Services Inc. (OTCMKTS:RSASF) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,200 shares, a growth of 500.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 0.5 days.

RESAAS Services Stock Performance

OTCMKTS:RSASF traded up $0.04 during trading hours on Friday, hitting $0.18. The stock had a trading volume of 26,500 shares, compared to its average volume of 12,255. The business’s 50 day moving average is $0.21 and its 200-day moving average is $0.23. The company has a market cap of $14.73 million, a price-to-earnings ratio of -9.20 and a beta of 0.44. RESAAS Services has a one year low of $0.14 and a one year high of $0.40.

About RESAAS Services

RESAAS Services Inc engages in the development of web and mobile communications software for the real estate industry. The company offers a suite of tools, which integrate with the platform, including a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, payment system, and advertising engine.