mPhase Technologies, Inc. (OTCMKTS:XDSL) Sees Significant Growth in Short Interest

mPhase Technologies, Inc. (OTCMKTS:XDSLGet Rating) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 9,900 shares, an increase of 2,375.0% from the April 30th total of 400 shares. Based on an average daily trading volume, of 4,973,500 shares, the days-to-cover ratio is currently 0.0 days.

XDSL traded down $0.00 on Wednesday, reaching $0.04. The company had a trading volume of 54,924 shares, compared to its average volume of 397,347. mPhase Technologies has a 52-week low of $0.03 and a 52-week high of $0.43. The business has a 50 day simple moving average of $0.09 and a 200 day simple moving average of $0.16. The company has a market cap of $3.45 million, a price-to-earnings ratio of 0.45 and a beta of 0.92. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.17 and a current ratio of 2.17.

mPhase Technologies Company Profile (Get Rating)

mPhase Technologies, Inc provides artificial intelligence and machine learning focused technology products and related services. It offers mPower EV Charging Network; and Consumer Engagement Platform to understand behavior patterns of consumers and allows the retailers to make these just in time offers available to the end consumer as they travel.

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