Tesoro Enterprises, Inc. (OTCMKTS: TSNP) is a fast-moving penny stock with a history of rising in November and topping out at $0.3599 in early December. With a market capitalization of $769,818,825, Company recorded 53,196,606 shares traded on the last trading day against a 30-day average volume of 314,181,713.
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On December 17, 2020, the organization TSNP (shortly be called HUMBL, Inc.) revealed the pilot launch of HUMBL Studios, which will give global small business retailers the ability to better link their brands to online customers via the HUMBL Marketplace’s curated shops.
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With HUMBL, merchants and customers can better pair up in the digital economy. HUMBL will accomplish this through its HUMBL Marketplace, a connective platform linking merchants to global markets through its mobile application.
Humbl Studios offers global merchants a unique opportunity to create authentic online shops within the HUMBL Marketplace while saving up to 50% in listing fees compared to other online shopping sites.
HUMBL Studios will also act as a hub for creating online modules for HUMBL Pay, quicker checkout integrations, merchant affiliates, and small business marketing programs.
Meanwhile, Short interest in the TSNP stock has climbed, increasing by 100% to a total of 1500 shares on July 31, 2020. At the average daily share volume of 28,576,441 shares on the most recent settlement date, the days to cover the figure was 1. The increase in short interest suggests the stock saw bearish sentiment.
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Through its subsidiary, Tesoro Enterprises, Inc. supplies and installs floor and wall covering products for homes, builders, contractors, and interior designers. They offer engineered and pre-finished wood, carpets, linoleum, vinyl flooring, shades, and natural stone products for internal and external use.