AppTech Payments Corp. (NASDAQ:APCX) Sees Significant Drop in Short Interest

AppTech Payments Corp. (NASDAQ:APCX) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 159,300 shares, a drop of 65.3% from the December 15th total of 459,500 shares. Based on an average trading volume of 3,630,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.6% of the company’s shares are short sold.

AppTech Payments Trading Down 11.1 %

APCX stock opened at $0.46 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.06 and a quick ratio of 0.06. The company has a market capitalization of $12.70 million, a PE ratio of -0.96 and a beta of 0.13. The firm’s 50-day moving average is $0.54 and its 200 day moving average is $0.73. AppTech Payments has a 12 month low of $0.31 and a 12 month high of $2.30.

About AppTech Payments

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.