InPost S.A. (OTCMKTS:INPOY) Sees Large Drop in Short Interest

InPost S.A. (OTCMKTS:INPOY) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 900 shares, a decrease of 70.0% from the January 15th total of 3,000 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 0.2 days.

InPost Stock Performance

InPost stock remained flat at $8.56 during trading on Wednesday. The company had a trading volume of 53 shares, compared to its average volume of 1,572. The firm has a 50 day simple moving average of $8.41 and a 200 day simple moving average of $8.86. InPost has a 1-year low of $7.22 and a 1-year high of $10.17.

About InPost

InPost SA, together with its subsidiaries, operates as an out-of-home e-commerce enablement platform providing parcel locker services in Europe. It operates through four segments: APM (Automated Parcel Machines), To-Door, Mondial Relay, and International Other. The APM segment focuses on the delivery of parcels to APM.