AppTech Payments Corp. (NASDAQ:APCX) Short Interest Update

AppTech Payments Corp. (NASDAQ:APCX) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 152,200 shares, a decrease of 19.1% from the April 30th total of 188,100 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 270,800 shares, the days-to-cover ratio is currently 0.6 days.

AppTech Payments Stock Down 11.8%

APCX opened at $0.26 on Tuesday. The firm has a market cap of $8.81 million, a P/E ratio of -0.55 and a beta of 0.41. AppTech Payments has a 52 week low of $0.06 and a 52 week high of $1.49. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.04. The business’s fifty day simple moving average is $0.31 and its 200 day simple moving average is $0.41.

AppTech Payments (NASDAQ:APCX) last released its earnings results on Wednesday, May 14th. The company reported ($0.08) EPS for the quarter. AppTech Payments had a negative net margin of 3,119.45% and a negative return on equity of 398.98%.

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.