PowerBand Solutions Inc. (OTCMKTS:PWWBF) Short Interest Up 3,800.0% in January

PowerBand Solutions Inc. (OTCMKTS:PWWBF) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 19,500 shares, a growth of 3,800.0% from the January 15th total of 500 shares. Based on an average trading volume of 36,400 shares, the days-to-cover ratio is presently 0.5 days.

PowerBand Solutions Trading Down 56.7 %

Shares of PowerBand Solutions stock traded down C$0.06 during midday trading on Friday, hitting C$0.05. The company had a trading volume of 519 shares, compared to its average volume of 33,986. PowerBand Solutions has a 1-year low of C$0.00 and a 1-year high of C$0.18. The business’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07.

About PowerBand Solutions

PowerBand Solutions Inc develops, markets, and sells access to cloud-based transaction platforms to finance and lease new and used vehicles. It provides DrivrzXchange, an inclusive multi-sided marketplace that allows buyers and sellers to list and/or find vehicles; and DrivrzFinancial, a technology driven finance solution focus on used vehicle and EV leasing.