Paypoint (OTCMKTS:PYPTF) Stock Short Interest Rises 5,320.0%

Paypoint (OTCMKTS:PYPTF – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 271 shares, an increase of 5,320.0% from the September 30th total of 5 shares. Based on an average trading volume of 2 shares, the days-to-cover ratio is presently 135.5 days. Currently, 0.0% of the company’s shares are sold short.

Paypoint Stock Performance

Paypoint stock remained flat at $8.05 during trading hours on Monday. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 1.76. The business has a fifty day moving average price of $8.12 and a 200 day moving average price of $7.89. Paypoint has a 12 month low of $6.66 and a 12 month high of $13.68.

About Paypoint

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PayPoint plc is a payments and commerce technology company that provides transaction services to businesses, retailers and consumers. Its platform supports bill payments, cash and digital payments, prepaid products, money transfers and other services through a network of retail locations and digital channels.

The company also operates in parcel services and consumer incentives. Its activities have included Collect+, a parcel delivery and collection network, and Love2shop, a gift voucher and prepaid rewards business.

Further Reading

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