Plastic2Oil, Inc. (OTCMKTS:PTOI) Short Interest Up 1,600.0% in March

Plastic2Oil, Inc. (OTCMKTS:PTOIGet Rating) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 1,700 shares, a growth of 1,600.0% from the March 15th total of 100 shares. Based on an average daily volume of 57,200 shares, the days-to-cover ratio is currently 0.0 days.

Shares of PTOI stock traded down $0.00 during trading hours on Tuesday, reaching $0.01. 10,146 shares of the company’s stock were exchanged, compared to its average volume of 23,346. Plastic2Oil has a fifty-two week low of $0.01 and a fifty-two week high of $0.04. The business has a fifty day moving average price of $0.01 and a 200-day moving average price of $0.02.

About Plastic2Oil (Get Rating)

Plastic2Oil, Inc engages in the provision of technology to recycle waste plastic into liquid fuels and dirty fuel into clean diesel. It operates through the P2O Solution Business segment. The P2O Solution Business segment manufactures and sells the fuel produced through its two P2O processors. The company was founded by John William Bordynuik on April 20, 2006 and is headquartered in Niagara Falls, NY.

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