Network-1 Technologies Inc (NYSEAMERICAN:NTIP) was the recipient of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 26,028 shares, a decline of 59.8% from the November 15th total of 64,701 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 126,291 shares, the days-to-cover ratio is presently 0.2 days.

In other Network-1 Technologies news, major shareholder Steven D. Heinemann sold 200,000 shares of Network-1 Technologies stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $2.60, for a total value of $520,000.00. Following the completion of the sale, the insider now directly owns 585,233 shares in the company, valued at $1,521,605.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Steven D. Heinemann sold 20,791 shares of Network-1 Technologies stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $4.31, for a total transaction of $89,609.21. The disclosure for this sale can be found here. Insiders sold 253,200 shares of company stock valued at $746,473 over the last quarter.

Several large investors have recently added to or reduced their stakes in NTIP. Russell Investments Group Ltd. raised its position in shares of Network-1 Technologies by 9.3% in the second quarter. Russell Investments Group Ltd. now owns 49,804 shares of the company’s stock valued at $212,000 after purchasing an additional 4,236 shares during the period. JPMorgan Chase & Co. increased its position in Network-1 Technologies by 98.0% during the second quarter. JPMorgan Chase & Co. now owns 107,529 shares of the company’s stock worth $457,000 after acquiring an additional 53,229 shares during the period. Seizert Capital Partners LLC increased its position in Network-1 Technologies by 60.4% during the second quarter. Seizert Capital Partners LLC now owns 106,213 shares of the company’s stock worth $451,000 after acquiring an additional 39,975 shares during the period. Vanguard Group Inc. increased its position in Network-1 Technologies by 43.9% during the second quarter. Vanguard Group Inc. now owns 383,534 shares of the company’s stock worth $1,630,000 after acquiring an additional 116,981 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Network-1 Technologies by 1,731.8% during the second quarter. Dimensional Fund Advisors LP now owns 230,276 shares of the company’s stock worth $979,000 after acquiring an additional 217,705 shares during the period.

Network-1 Technologies (NYSEAMERICAN:NTIP) opened at $2.40 on Friday. Network-1 Technologies has a 52-week low of $2.40 and a 52-week high of $5.05.

Network-1 Technologies (NYSEAMERICAN:NTIP) last released its quarterly earnings results on Wednesday, November 15th. The company reported $0.02 EPS for the quarter. Network-1 Technologies had a net margin of 31.76% and a return on equity of 11.15%. The company had revenue of $3.24 million for the quarter.

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