SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through its software-as-a-service (“SaaS”) platform, Sequire, was featured in a recent article published by The Wall Street Journal. The piece, titled, “CFOs Zero in on Shareholders as Stock Volatility Soars,” covered last quarter’s extreme stock-price moves followed by resurfacing of the age-old question for company executives as to whether they have the ability to exert any influence over their company’s share price. Delving into what some executives are doing, the article points to limited options based on what these executives don’t know, “including who holds certain shares, as well as the dominance of passive investing.” “Companies also try balancing the shareholder base over time by attracting certain types of new investors to their stock. They usually start with finding out more about their current shareholders. Investment banks and other financial-services firms can provide weekly or monthly reports about large institutional shareholders, trading volumes, the amount of stock that is being shorted and other information,” the article reads. “Technology company SRAX Inc. has a platform that can give granular information about shareholders, including those that have specifically asked to be hidden, said SRAX Chief Executive Christopher Miglino. ‘Our sales have increased significantly over the past two quarters,’ he said, attributing it to companies eager to know more about who owns their stock.”
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About SRAX Inc.
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 about the company, visit www.SRAX.com and www.MySequire.com
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