Short Interest in Tapinator, Inc. (OTCMKTS:TAPM) Expands By 200.0%

Tapinator, Inc. (OTCMKTS:TAPMGet Rating) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 300 shares, a growth of 200.0% from the May 31st total of 100 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 0.2 days.

Shares of OTCMKTS TAPM traded down $0.11 during midday trading on Friday, reaching $2.01. The company had a trading volume of 855 shares, compared to its average volume of 3,214. Tapinator has a one year low of $1.20 and a one year high of $6.00. The firm’s fifty day moving average price is $2.74 and its 200-day moving average price is $9.64. The stock has a market cap of $5.68 million, a PE ratio of 4.90 and a beta of 3.46.

Tapinator (OTCMKTS:TAPMGet Rating) last released its quarterly earnings results on Tuesday, May 10th. The technology company reported $0.27 EPS for the quarter. The business had revenue of $1.68 million for the quarter.

Tapinator Company Profile (Get Rating)

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.

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