Medisafe 1 Technologies Corp (OTC:MFTH) share price remained unchanged on the last trading session on Friday.
Buyers and sellers finished on par after an intensive trading day during which more than 555 thousand shares changed hands.
The generated volume was more than three times higher than the 3-month daily average.
According to the official FINRA data, 413 thousand shares were exchanged in short transactions. In other words, the short volume reached 74% of all the trades made on Friday.
MFTH opened the session at $0.06, fell down to $0.04 during the day, and eventually closed the session at $0.015 per share.
Last night our promotional radar detected a new promo letter which was issued for MFTH. The letter was distributed by Research Driven Investor who admitted in the disclaimer that he had been paid $50,000 by GCL Global Commerce to profile MFTH.
The newsletter focuses mainly on the announced on Friday stock repurchase program. In a press release, MFTH declared that the company was to execute a $1 million stock repurchase program of 10 million shares up to 10 cents per share.
