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

Paypoint (OTCMKTS:PYPTF) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 6 shares, a drop of 97.8% from the October 15th total of 271 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.0% of the shares of the stock are short sold.

Paypoint Price Performance

OTCMKTS:PYPTF remained flat at $8.18 during trading hours on Wednesday. Paypoint has a 1-year low of $6.66 and a 1-year high of $13.68. The firm has a 50 day moving average of $8.12 and a two-hundred day moving average of $7.69. The company has a current ratio of 0.96, a quick ratio of 0.94 and a debt-to-equity ratio of 1.76.

Paypoint Company Profile

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.