HAUP: Too Stale to Trade

Hauppauge Digital Inc. is an OTC-listed technology hardware name where the data tells a single, clear story — this stock has gone dark.

The price last moved on April 27, closing at $0.0103 with zero change on the day, the week, and the month. That flatline is not stability. It reflects the near-complete absence of trading activity in a name that has dropped well below penny-stock territory.

Every meaningful data point in the ORTEX snapshot is stale beyond any useful threshold. Short interest data is over six years old, last recorded in January 2020 at a nominal 5,001 shares. Cost-to-borrow figures date from the same period and show a negative reading — an artefact of data decay, not a market signal. The most recent insider trades on record are from early 2011, when a director sold a small position at $2.40. Factor scores carry a 2018 timestamp. Valuation multiples were last updated in early 2021 and show no usable figures. None of these readings reflect current conditions and none should be treated as actionable.

The one piece of current data is the lending market, and it confirms the picture: availability is fully open, with zero shares on loan across every session recorded in the past 30 days. There is no short interest, no borrow demand, and no indication of any positioning activity on either side.

FINRA's most recent fortnightly report, dated April 15, recorded exactly one share short. Days-to-cover stands at one. These are floor readings, consistent with a stock that trades in name only.

Hauppauge Digital's last earnings reaction on record dates to early 2013. No future earnings event is scheduled. There are no analyst ratings, no options market, and no institutional holder data in the snapshot.

The only thing worth watching here is whether any trading volume reappears — because until it does, there is no market to analyse.