Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) Short Interest Up 600.0% in December

Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 10,500 shares, a growth of 600.0% from the December 15th total of 1,500 shares. Based on an average daily volume of 18,400 shares, the days-to-cover ratio is currently 0.6 days.

Hammer Fiber Optics Price Performance

OTCMKTS HMMR remained flat at $0.03 during trading on Monday. 560 shares of the company’s stock traded hands, compared to its average volume of 1,265. The business’s 50-day moving average price is $0.07 and its two-hundred day moving average price is $0.17. Hammer Fiber Optics has a twelve month low of $0.00 and a twelve month high of $0.50.

Hammer Fiber Optics Company Profile

Hammer Fiber Optics Holdings Corp invests in financial services technology and wireless telecommunications infrastructure in the United States. It offers HammerPay, a mobile payments platform to enable digital commerce between consumers and branded merchants for encrypted remittances and banking transactions.