Route1 Inc. (OTCMKTS:ROIUF) Stock Short Interest Drops 82.0%

Route1 Inc. (OTCMKTS:ROIUF – Get Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 1,921 shares, a decline of 82.0% from the September 15th total of 10,645 shares. Based on an average daily trading volume, of 2,127 shares, the short-interest ratio is presently 0.9 days.

Route1 Price Performance

Shares of OTCMKTS:ROIUF opened at $0.09 on Friday. Route1 has a one year low of $0.04 and a one year high of $0.12. The company has a 50-day simple moving average of $0.09 and a 200-day simple moving average of $0.08.

Route1 Company Profile

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Route1 Inc is a Canadian technology company focused on cybersecurity, secure remote access and digital identity management. Its solutions are designed to help organizations protect access to applications, desktops and data while supporting employees and other authorized users working remotely.

The company’s principal product has been MobiKEY, a secure access and authentication solution that enables users to connect to protected corporate resources through an encrypted environment. Route1 has also offered related services and technologies, including the MobiNET platform, which supports the management of users, devices and secure connections.

Route1’s solutions have been marketed to organizations in sectors requiring strong security and controlled remote access, including government, healthcare and commercial enterprises.

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