Could FREEZE TAG INC (OTCMKTS:FRZT) Skyrocket? The Stock Has Too Many Sellers

The stock of FREEZE TAG INC (OTCMKTS:FRZT) registered an increase of 153.41% in short interest. FRZT’s total short interest was 70,700 shares in December as published by FINRA. Its up 153.41% from 27,900 shares, reported previously. With 18,000 shares average volume, it will take short sellers 4 days to cover their FRZT’s short positions.

The stock increased 10.60% or $0.0021 during the last trading session, reaching $0.0217. About 15,000 shares traded. Freeze Tag, Inc. (OTCMKTS:FRZT) has 0.00% since December 8, 2017 and is . It has underperformed by 15.62% the S&P500.

Freeze Tag, Inc. develops and publishes mobile social games for clients and businesses worldwide. The company has market cap of $1.63 million. The firm markets its products through direct-to-consumer digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store; and directly through its own Websites, such as www.freezetag.com and store.freezetag.com. It currently has negative earnings. It also publishes titles on other platforms, such as the Facebook App Store and Mac App Store, as well as on PC download portals, such as Big Fish Games and Gamehouse.

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