SinglePoint Inc. (OTCMKTS:SING) Sees Large Growth in Short Interest

SinglePoint Inc. (OTCMKTS:SING) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 7,100 shares, a growth of 20.3% from the February 28th total of 5,900 shares. Based on an average daily trading volume, of 2,026,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.2% of the shares of the stock are sold short.

SinglePoint Stock Performance

SING opened at $0.01 on Wednesday. SinglePoint has a 52-week low of $0.01 and a 52-week high of $67.50. The firm has a market cap of $135,170.40, a P/E ratio of 0.00 and a beta of -0.19. The business’s fifty day moving average is $0.01 and its 200-day moving average is $0.02.

About SinglePoint

SinglePoint Inc focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar and air purification services; and solar installation and brokerage services. It also operates as an online store; supplies hydroponic supplies and nutrients to commercial and individual farmers, as well as nutrients, lights, HVAC systems, and other products to individuals that are interested in horticulture; and offers automotive technology solutions for vehicle repairs.