What’s Ahead for Fronteo Inc – American Depositary Shares (NASDAQ:FTEO) After Less Shorted Shares?

The stock of Fronteo Inc – American Depositary Shares (NASDAQ:FTEO) registered a decrease of 57.14% in short interest. FTEO’s total short interest was 300 shares in December as published by FINRA. Its down 57.14% from 700 shares, reported previously. With 100 shares average volume, it will take short sellers 3 days to cover their FTEO’s short positions.

It closed at $15.91 lastly. It is down 38.63% since December 8, 2017 and is uptrending. It has outperformed by 23.01% the S&P500.

FRONTEO, Inc. provides Asian-language eDiscovery solutions and services primarily in the United States, Europe, and Asia. The company has market cap of $300.94 million. The firm has eDiscovery and forensic experience with information documented in Japanese, Korean, and Chinese, as well as English. It has a 82.86 P/E ratio. It assists clients involved in cross-border litigation, administrative proceedings, and internal investigations, including those related to antitrust investigations, intellectual property litigation, the Foreign Corrupt Practices Act, and product liability investigations.

More notable recent FRONTEO, Inc. (NASDAQ:FTEO) news were published by: Globenewswire.com which released: “FRONTEO USA Appoints eDiscovery Veteran as Senior Vice President of Sales & Marketing – GlobeNewswire” on July 11, 2017, also Globenewswire.com with their article: “FRONTEO USA Appoints Industry Veteran as Chief Financial Officer – GlobeNewswire” published on May 01, 2017, Globenewswire.com published: “UBIC Brings in Top Executive Talent in North America to Support Global High Growth Strategy – GlobeNewswire” on January 13, 2016. More interesting news about FRONTEO, Inc. (NASDAQ:FTEO) were released by: Globenewswire.com and their article: “FRONTEO Brand Officially to Launch Following the Integration of UBIC North America, Evolve Discovery & TechLaw Solutions – GlobeNewswire” published on June 29, 2016 as well as Globenewswire.com‘s news article titled: “FRONTEO to Showcase RelativityOne Cloud eDiscovery Leadership and Cross Border eDiscovery Lit i View at Legalweek West Coast Conference – GlobeNewswire” with publication date: June 12, 2017.

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