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

Tapinator, Inc. (OTCMKTS:TAPM) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a drop of 80.0% from the December 31st total of 500 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 0.1 days.

Tapinator Stock Performance

OTCMKTS:TAPM remained flat at $0.38 during trading hours on Tuesday. The company’s stock had a trading volume of 10 shares, compared to its average volume of 147. The business’s 50-day simple moving average is $0.39 and its two-hundred day simple moving average is $0.37. Tapinator has a 52 week low of $0.28 and a 52 week high of $0.70.

About Tapinator

Tapinator, Inc develops and publishes mobile games and applications on the iOS, Google Play, and Amazon platforms in North America and Europe. The company’s library includes approximately 300 titles, such as Video Poker Classic and Crypto Trillionaire. It also provides in-app purchase and subscription services.