PureCycle Technologies, Inc. (NASDAQ:PCTTW) Short Interest Update

PureCycle Technologies, Inc. (NASDAQ:PCTTW) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 2,800 shares, an increase of 27.3% from the October 31st total of 2,200 shares. Based on an average daily trading volume, of 13,300 shares, the days-to-cover ratio is currently 0.2 days.

PureCycle Technologies Trading Up 4.3 %

PCTTW traded up $0.20 during trading on Friday, reaching $4.90. 1,417 shares of the company traded hands, compared to its average volume of 11,119. PureCycle Technologies has a 12-month low of $0.70 and a 12-month high of $5.70. The firm has a fifty day simple moving average of $3.82 and a 200 day simple moving average of $2.35.

About PureCycle Technologies

PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries.