IFAN Financial, Inc. (OTCMKTS:IFAN) Sees Large Growth in Short Interest

IFAN Financial, Inc. (OTCMKTS:IFANGet Rating) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 168,300 shares, an increase of 4,328.9% from the April 30th total of 3,800 shares. Based on an average daily trading volume, of 9,016,900 shares, the short-interest ratio is presently 0.0 days.

Shares of OTCMKTS:IFAN traded down $0.00 during midday trading on Wednesday, reaching $0.00. The company had a trading volume of 1,425,543 shares, compared to its average volume of 12,071,850. IFAN Financial has a one year low of $0.00 and a one year high of $0.05.

About IFAN Financial (Get Rating)

IFAN Financial, Inc, together with its subsidiaries, designs, develops, and distributes software to enable mobile payments. Its products include the ability to use a debit card and corresponding PIN number while purchasing online on a mobile phone, tablet, or computer, as well as peer-to-peer cash transfers.

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