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

Tapinator, Inc. (OTCMKTS:TAPM – Get Rating) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 700 shares, a drop of 22.2% from the February 13th total of 900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 7.0 days.

Tapinator Price Performance

Shares of TAPM stock opened at $0.76 on Tuesday. The company has a 50 day moving average of $0.80 and a 200-day moving average of $1.00. Tapinator has a 12-month low of $0.60 and a 12-month high of $4.74. The firm has a market cap of $2.07 million, a P/E ratio of 10.86 and a beta of 2.40.

Tapinator Company Profile

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Tapinator, Inc develops and publishes games for mobile platforms. The company’s library includes over 300 titles that, collectively, have achieved over 500 million mobile downloads, including notable games such as Video Poker Classic and Crypto Trillionaire. Through its NFT500 platform, the company has amassed a collection of fine art NFTs and has published a mobile application that extends the utility of these digital asset investments.