Route1 Inc. (OTCMKTS:ROIUF) Sees Significant Drop in Short Interest

Route1 Inc. (OTCMKTS:ROIUF) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 4,666 shares, a decline of 81.3% from the May 14th total of 24,924 shares. Based on an average trading volume of 14,550 shares, the short-interest ratio is presently 0.3 days.

Route1 Price Performance

OTCMKTS:ROIUF remained flat at $0.10 during trading hours on Friday. The company’s stock had a trading volume of 500 shares, compared to its average volume of 16,116. Route1 has a 52-week low of $0.04 and a 52-week high of $0.12. The company’s fifty day simple moving average is $0.07 and its 200 day simple moving average is $0.05.

About Route1

Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token. It also provides surveillance and video intelligence products, such as Omnicast, a monitoring and data analysis platform; Stratocast, a real-time video intelligence solution; body-worn cameras; in-car videos; Synergis Access Control, an open system that connects to a large selection of third-party access control devices; and automatic license plate recognition solutions, including Genetec Autovu and MobiLPR.