Tapinator, Inc. (OTCMKTS:TAPM) Sees Significant Decline in Short Interest

Tapinator, Inc. (OTCMKTS:TAPMGet Rating) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a decline of 58.3% from the March 31st total of 1,200 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 0.3 days.

TAPM stock remained flat at $$3.20 during midday trading on Friday. The company has a fifty day moving average of $7.47 and a 200 day moving average of $16.17. Tapinator has a twelve month low of $1.20 and a twelve month high of $6.00. The firm has a market capitalization of $9.02 million, a price-to-earnings ratio of 14.55 and a beta of 3.55.

Tapinator (OTCMKTS:TAPMGet Rating) last released its quarterly earnings data on Friday, March 11th. The technology company reported ($0.11) EPS for the quarter. The business had revenue of $1.68 million for the quarter.

Tapinator Company Profile (Get Rating)

Tapinator, Inc develops and publishes mobile games and applications on the iOS, Google Play, and Amazon platforms in North America and Europe. The company's library includes approximately 300 titles, such as Video Poker Classic and Crypto Trillionaire. It also provides in-app purchase and subscription services.

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