AppTech Payments Corp. (NASDAQ:APCX) Short Interest Up 25.1% in April

AppTech Payments Corp. (NASDAQ:APCX) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 182,700 shares, a growth of 25.1% from the March 31st total of 146,100 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average trading volume of 194,400 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of AppTech Payments

An institutional investor recently raised its position in AppTech Payments stock. Moss Adams Wealth Advisors LLC increased its stake in AppTech Payments Corp. (NASDAQ:APCX) by 112.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 85,000 shares of the company’s stock after acquiring an additional 45,000 shares during the period. Moss Adams Wealth Advisors LLC owned about 0.31% of AppTech Payments worth $44,000 as of its most recent SEC filing. Institutional investors own 5.15% of the company’s stock.

AppTech Payments Trading Down 1.9 %

APCX stock opened at $0.29 on Friday. AppTech Payments has a one year low of $0.24 and a one year high of $1.49. The company has a market capitalization of $9.49 million, a PE ratio of -0.59 and a beta of -0.18. The company’s 50 day moving average price is $0.38 and its two-hundred day moving average price is $0.48. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.06 and a current ratio of 0.06.

AppTech Payments Company Profile

AppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. Its merchant transaction services offer processing payments for credit and debit cards through point-of-sale equipment, e-commerce gateways, periodic automatic clearing house payments, and gift and loyalty programs.