Powertap Hydrogen Capital Corp. (OTCMKTS:MOTNF) Sees Significant Decline in Short Interest

Powertap Hydrogen Capital Corp. (OTCMKTS:MOTNFGet Rating) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 4,900 shares, a drop of 70.5% from the March 31st total of 16,600 shares. Based on an average daily trading volume, of 59,900 shares, the days-to-cover ratio is presently 0.1 days.

Shares of MOTNF stock traded up $0.01 during trading hours on Friday, reaching $0.21. The company had a trading volume of 4,730 shares, compared to its average volume of 44,745. Powertap Hydrogen Capital has a twelve month low of $0.17 and a twelve month high of $1.34. The stock’s fifty day simple moving average is $0.23 and its 200 day simple moving average is $0.31.

Powertap Hydrogen Capital Company Profile (Get Rating)

Powertap Hydrogen Capital Corp. is a venture capital firm specializing in investments in early stage, buyouts. It prefers to invest in equity, bridge loans, secured loans, unsecured loans, convertible debentures, warrants and options, joint ventures, partnerships, royalties, streaming investments, net profit interests and other hybrid instruments.

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