OTCShortReport indicates short selling has exceeded 50% of the daily iQSTEL daily trading volume on more than one occasion in the last month. OTCShortReport aggregates REGSHO data reported by
The prominence of short selling became a high visibility topic when a crowd sourced short squeeze catapulted the share price of GameStop. The GameStop short selling subject was featured in the
MarketWatch recently published an article titled Why Short Selling Has Recently Become A Hot Topic that explains short selling in fair detail and includes information on short selling in the OTC markets.
"We have received communications from our shareholders expressing concern that the IQST share price is suffering the impact of naked short selling," said iQSTEL CEO
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- The Telecommunications Division (Communications) includes VoIP, SMS, International Fiber-Optic, Proprietary Internet of Things (IoT), and a Proprietary Mobile Portability Blockchain Platform.
- The Fintech Division (Financial Freedom) includes remittances services, top up services, Master Card Debit Card, a US Bank Account (No SSN required), and a Mobile App.
- The Electric Vehicles Division (Mobility) offers Electric Motorcycles and plans to launch a Mid Speed Car.
- The Metaverse Division (information and content) includes an enriched and immersive white label proprietary Metaverse platform to access products, services, content, entertainment, information, customer support, and more in a virtual 3D interface.
The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions (M&A). iQSTEL has completed 10 acquisitions since
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