Will I-ON DIGITAL CORP (OTCMKTS:IONI) Run Out of Steam Soon? Short Interest is Up

The stock of I-ON DIGITAL CORP (OTCMKTS:IONI) registered an increase of 4466.67% in short interest. IONI’s total short interest was 13,700 shares in September as published by FINRA. Its up 4466.67% from 300 shares, reported previously. With 43,400 shares average volume, it will take short sellers 0 days to cover their IONI’s short positions.

The stock increased 24.87% or $0.0186 during the last trading session, reaching $0.0936. About 27,920 shares traded or 82.23% up from the average. I-ON Digital Corp. (OTCMKTS:IONI) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

I-ON Communications Corp. operates as an enterprise-class unstructured data management solution and service provider. The company has market cap of $3.28 million. It offers a content management system; a content deploy server; a mobile contract system; a digital asset management system; an unstructured data repository platform; a ticket admission marketing management platform; an executive dashboard; a content application framework and engine; a SaaS based electronic document management system; a content log analytics system; a content ecosystem; a 2 channel authentication service; and a DLMS/COSEM solution. It has a 6.69 P/E ratio. I-ON Communications Corp. was formerly known as I-ON Communications Co., Ltd. and changed its name to I-ON Communications Corp. in January 2018.

Another recent and important I-ON Digital Corp. (OTCMKTS:IONI) news was published by Seekingalpha.com which published an article titled: “I-ON Communications to acquire H9pitch – Seeking Alpha” on June 28, 2019.

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