NQ Mobile +10.8% on annual report filing rumor

|About: NQ Mobile Inc. (NQ)|By:, SA News Editor

A rumor that NQ Mobile (NQ) will soon file its delayed annual report (expected to be accompanied by an audit report) has led shares to surge above $7. A NQ spokesperson tells Bloomberg the company has no new information on the report for now.

This is a good time to remember 14.4M shares were shorted as of June 13.

Last Friday: NQ Mobile makes fresh 52-week lows