CryptoNewsBreaks – Phunware Inc. (NASDAQ: PHUN) Announces Launch of New Resource for Shareholders to Restrict Shorting
Phunware (NASDAQ: PHUN) is a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide. The company recently announced that it will provide additional resources to help maximize shareholder value to include a simple online form that enables shareholders to direct their brokerages not to loan out Phunware securities such as PHUN and PHUNW. Short selling or “shorting” is an investment strategy that involves betting against a stock, with short sellers typically borrowing shares they don’t own from brokerage firms and selling them on the open market with the expectation they’ll be able to…





