Paypoint (OTCMKTS:PYPTF) Sees Large Increase in Short Interest

Key Points

• PayPoint (OTCMKTS:PYPTF) experienced a significant 101.1% increase in short interest in September, rising to 36,200 shares from 18,000 shares.
• The company's stock also saw a 21.2% increase, trading at $12.00, with a current debt-to-equity ratio of 1.07.
• PayPoint offers various payment and banking services in the UK, operating through segments such as PayPoint and Love2shop.

Paypoint (OTCMKTS:PYPTF - ) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 36,200 shares, a growth of 101.1% from the September 15th total of 18,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 362.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 362.0 days.

Paypoint Stock Up 21.2%

OTCMKTS:PYPTF traded up $2.10 during trading hours on Monday, hitting $12.00. The company had a trading volume of 200 shares, compared to its average volume of 35. The company has a quick ratio of 0.93, a current ratio of 0.95 and a debt-to-equity ratio of 1.07. The company has a 50-day moving average of $10.01 and a 200 day moving average of $8.71. Paypoint has a 1 year low of $9.12 and a 1 year high of $12.63.

Paypoint Company Profile

PayPoint plc engages in the provision of payments and banking, shopping, and e-commerce services and products in the United Kingdom. The company operates through two segments: PayPoint and Love2shop. The PayPoint segment provides card payment services to retailers, including leased payment devices; EPoS; ATM cash machines; SIM cards sales; receipt advertising; bill payment services and cash top-ups to individual consumers; parcel delivery and collection services; retailer service fees solutions; and digital payment services, as well as cash through to digital services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.