What’s Next for Ipic Entertainment Inc – Class A (NASDAQ:IPIC) After Having Less Shares Shorted?

The stock of Ipic Entertainment Inc – Class A (NASDAQ:IPIC) registered a decrease of 2.81% in short interest. IPIC’s total short interest was 166,000 shares in September as published by FINRA. Its down 2.81% from 170,800 shares, reported previously. With 4,400 shares average volume, it will take short sellers 38 days to cover their IPIC’s short positions. The short interest to Ipic Entertainment Inc – Class A’s float is 4.1%.

The stock decreased 23.75% or $0.19 during the last trading session, reaching $0.61. About 191,475 shares traded or 177.30% up from the average. iPic Entertainment Inc. (NASDAQ:IPIC) has declined 85.71% since September 13, 2018 and is downtrending. It has underperformed by 85.71% the S&P500.

iPic Entertainment Inc. operates restaurants and theaters in the United States. The company has market cap of $7.00 million. The firm operates a casual restaurant, a farm-to-glass full-service bar, and theater auditoriums with in-theater dining under the City Perch Kitchen + Bar, Tanzy, The Tuck Room, The Tuck Room Tavern, and iPic Express brands. It currently has negative earnings. It operates 121 screens at 16 locations in 10 states.

More notable recent iPic Entertainment Inc. (NASDAQ:IPIC) news were published by: Globenewswire.com which released: “iPic® Entertainment to Announce First Quarter 2019 Results on May 20, 2019 – GlobeNewswire” on May 17, 2019, also 247Wallst.com with their article: “5 Smoking Hot Stocks Trading Under $10 With Gigantic Upside Potential – 24/7 Wall St.” published on April 27, 2019, Globenewswire.com published: “iPic® Entertainment to Announce Fiscal Year 2018 Outlook and Report Preliminary Fiscal Year 2017 Results on March 8, 2018 – GlobeNewswire” on March 05, 2018. More interesting news about iPic Entertainment Inc. (NASDAQ:IPIC) were released by: Globenewswire.com and their article: “IPIC® Entertainment Announces Fourth Quarter and Full Year 2018 Results – GlobeNewswire” published on March 12, 2019 as well as Globenewswire.com‘s news article titled: “iPic® Entertainment Announces Closing of its Initial Public Offering – GlobeNewswire” with publication date: February 01, 2018.

iPic Entertainment Inc. (NASDAQ:IPIC) Ratings Chart

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