ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

SRAX Partners with S3 to Integrate Short Interest Data into Sequire Platform

August 25, 2021 GMT

LOS ANGELES--(BUSINESS WIRE)--Aug 25, 2021--

SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has collaborated with S3 Partners, a leading financial data and analytics provider that institutional investors rely on to make better informed decisions, to provide Sequire users information on how short interest and securities finance markets can impact the stock price of their company.

Sequire is a premier investor intelligence and communications platform where companies can track their investors’ behaviors and trends through data, and use those insights to engage current and potential shareholders, or any desired audience, across multiple channels. While Sequire’s proprietary data sets provide issuers insights into who is buying their stock, at what volume, and more, the addition of short interest data enhances the value for Sequire customers.

ADVERTISEMENT

The institutional investment community has long used short interest data as an indicator to gauge investor sentiment for a company’s stock price. S3 wants the corporate community to know that they’ve created a version of their product that gives them the data and tools they need to understand how investors are viewing their company’s performance. On a mission to constantly add value for their clients, SRAX has teamed up with S3 Partners to incorporate their short interest and securities finance data into the platform.

“We are excited to offer a fully integrated user experience to companies on the Sequire platform that allows them to access and utilize S3’s data and insights to better engage with current and potential shareholders,” said Palak Patel, Chief Revenue Officer of S3 Partners. “This collaboration helps to level the playing field for corporate users by providing them with the same timely and quality information that many of their investors use to express views on their company’s share price”.

“We look forward to partnering with SRAX to help their customers understand with more clarity the short interest around their listed equity as they navigate the public markets.”

S3 short-interest data provides transparency to all sides of the stock loan market with the only independent and unbiased bid, offer, and last rates for securities financing. The addition of this valuable data brings even more knowledge and power to the hands of Sequire users.

“Understanding short data is an integral part of understanding what is going on in any company’s stock. This feature is one of the most requested features from our clients and we are excited to launch this into the Sequire platform,” said Christopher Miglino, Founder and CEO of SRAX.

ADVERTISEMENT

For more information on Sequire and how it can help your company, please visit mysequire.com.

About SRAX

SRAX (NASDAQ: SRAX) is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information on SRAX, visit srax.com and mysequire.com.

About S3

S3 Partners, LLC is a market leading financial data and technology company that provides Pricing and Analytics for capital markets and Technology Solutions that connect clients to their critical investment data. Clients use S3′s technology and data to create better outcomes at every point in the investment process: Portfolio Management, Trading and Execution, Risk Management, and Treasury Operations. Its most used product, BLACK APP, is the market standard for real-time Short Interest and Securities Finance data for more than 50,000 securities on desktops globally. S3 is the market standard source for the financial news media such as Bloomberg, WSJ, CNBC and FT.

Cautionary Statement Regarding Forward-Looking Information:

This news release contains “forward-looking statements″ made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and may often be identified by words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Specific risks and uncertainties that could cause our actual results to differ materially from those expressed in our forward-looking statements include risks inherent in our business, and our need for future capital. Actual results may differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in SRAX’s periodic reports filed with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2019, its Quarterly Reports on Form 10-Q as well as and in other reports filed with the SEC. We do not assume any obligation to update any forward-looking statements.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210825005177/en/

CONTACT: S3 Partners Steve Bruce / Taylor Ingraham

ASC Advisors

(203) 992 1230

sbruce@ascadvisors.com/tingraham@ascadvisors.comSRAX, Inc.Bri Kelvin

investors@srax.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: FINANCE DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY SOFTWARE

SOURCE: SRAX, Inc.

Copyright Business Wire 2021.

PUB: 08/25/2021 09:00 AM/DISC: 08/25/2021 09:02 AM

http://www.businesswire.com/news/home/20210825005177/en