Paypoint (OTCMKTS:PYPTF) Shares Shorted: Short Interest Down 97.8% in October

Paypoint (OTCMKTS:PYPTF) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 6 shares, a decrease of 97.8% from the October 15th total of 271 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Paypoint Price Performance

PYPTF remained flat at $8.18 during midday trading on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.94 and a debt-to-equity ratio of 1.76. The company’s fifty day simple moving average is $8.12 and its two-hundred day simple moving average is $7.70. Paypoint has a 12-month low of $6.66 and a 12-month high of $13.68.

About Paypoint

PayPoint plc is a UK-based payments and technology company that connects consumers, retailers, businesses and public-sector organisations. Founded in 1996, it initially focused on enabling customers to pay household bills at local shops and has since expanded into a broader range of payment and retail services. Through its retail network, PayPoint supports services such as bill payments, mobile top-ups, cash deposits and withdrawals, and parcel collection and drop-off. Its business services include payment processing and other technology solutions for sectors such as utilities, telecommunications and local government.