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

AppTech Payments Corp. (NASDAQ:APCX) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 6,100 shares, a growth of 2,950.0% from the September 30th total of 200 shares. Based on an average trading volume of 71,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 71,600 shares, the days-to-cover ratio is currently 0.1 days.

AppTech Payments Trading Up 9.9%

Shares of NASDAQ APCX opened at $0.19 on Tuesday. The business’s 50 day moving average is $0.19 and its two-hundred day moving average is $0.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.06 and a quick ratio of 0.06. AppTech Payments has a 1-year low of $0.06 and a 1-year high of $1.49. The stock has a market capitalization of $6.25 million, a P/E ratio of -0.39 and a beta of -0.50.

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.