Short Interest in Tapinator, Inc. (OTCMKTS:TAPM) Rises By 566.7%

Tapinator, Inc. (OTCMKTS:TAPM) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 6,000 shares, an increase of 566.7% from the September 30th total of 900 shares. Based on an average trading volume of 3,800 shares, the short-interest ratio is presently 1.6 days.

Tapinator Stock Performance

TAPM stock remained flat at $0.30 during trading on Friday. 8,315 shares of the company traded hands, compared to its average volume of 6,472. Tapinator has a 12-month low of $0.28 and a 12-month high of $0.75. The company has a market capitalization of $817,500.00, a PE ratio of -30.00 and a beta of 1.93. The company has a fifty day moving average price of $0.33 and a 200 day moving average price of $0.45.

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.