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What’s Next for TECSYS INC ORDINARY SHARES (OTCMKTS:TCYSF) After Having More Shares Shorted?

Tecsys Inc. (OTCMKTS:TCYSF) Logo

The stock of TECSYS INC ORDINARY SHARES (OTCMKTS:TCYSF) registered an increase of 100% in short interest. TCYSF’s total short interest was 400 shares in November as published by FINRA. Its up 100% from 200 shares, reported previously. With 600 shares average volume, it will take short sellers 1 days to cover their TCYSF’s short positions.

It closed at $11.97 lastly. It is down 0.00% since November 16, 2018 and is . It has by 0.00% the S&P500.

TECSYS Inc. engages in the development, marketing, and sale of supply chain management software for distribution, warehousing, transportation logistics, and point-of-use in Canada, the United States, and internationally. The company has market cap of $159.42 million. The firm offers EliteSeries, an enterprise supply chain platform comprising warehouse management, distribution and transportation management, supply management at point-of-use, and analytics solutions; and EliteSeries Warehouse Management Systems for IBM System i that is designed to manage various activities in the warehouse, such as receiving, putaway, cross docking, replenishment, order planning, load building, pallet building, picking, packing, kitting, shipping, cycle counting, returns management, quality control, freight management, labour management, and warehouse planning. It has a 66.5 P/E ratio. It also provides Logi-D iD-SUITE of solutions, which include inventory management, clinical traceability, cost capture, and patient charging capabilities for reduce operating costs and enhancing revenue capture in hospitals and healthcare organizations; PointForce Enterprise, a multi-company, multi-currency, and multi-warehouse application for wholesalers, importers, and distributors who sell to retailers; and Streamline, a suite of software for the industrial vertical distribution sector comprising sales order management, inventory management, customer service inquiry, job costing, financials, price book integration, e-commerce, and executive management applications.

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