Powertap Hydrogen Capital Corp. (OTCMKTS:MOTNF) Sees Large Increase in Short Interest

Powertap Hydrogen Capital Corp. (OTCMKTS:MOTNF – Get Rating) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totalling 54,700 shares, a growth of 54.5% from the June 30th total of 35,400 shares. Based on an average daily volume of 105,600 shares, the days-to-cover ratio is currently 0.5 days.

Powertap Hydrogen Capital Price Performance

OTCMKTS:MOTNF opened at $0.10 on Friday. Powertap Hydrogen Capital has a fifty-two week low of $0.08 and a fifty-two week high of $0.93. The stock’s 50-day moving average is $0.13 and its two-hundred day moving average is $0.20.

About Powertap Hydrogen Capital

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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.