SALEEN AUTOMOTIVE INCORPORATED (OTCMKTS:SLNN) Sellers Covered 73.23% of Their Shorts

By: Vivian Park

The stock of SALEEN AUTOMOTIVE INCORPORATED (OTCMKTS:SLNN) registered a decrease of 73.23% in short interest. SLNN’s total short interest was 20,000 shares in July as published by FINRA. Its down 73.23% from 74,700 shares, reported previously. The stock closed at $0.0002 during the last session. It is up 6.00% since June 27, 2016 and is uptrending. It has underperformed by 2.16% the S&P500.

Saleen Automotive, Inc., is a vehicle design, engineering and manufacturing company. The company has a market cap of $276,287. The Firm designs, develops, makes and sells high performance vehicles built from the base chassis. It currently has negative earnings. The Company’s products include a productline of muscle cars, performance cars, automotive aftermarket specialty parts and lifestyle accessories.

[Source: Consumer Eagle]