Tapinator, Inc. (OTCMKTS:TAPM) Sees Large Decline in Short Interest

Tapinator, Inc. (OTCMKTS:TAPM – Get Rating) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 700 shares, a decline of 22.2% from the February 13th total of 900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 7.0 days.

Tapinator Stock Performance

Tapinator stock opened at $0.76 on Tuesday. Tapinator has a 1-year low of $0.60 and a 1-year high of $4.74. The firm has a market capitalization of $2.07 million, a price-to-earnings ratio of 10.86 and a beta of 2.40. The firm has a 50 day simple moving average of $0.80 and a 200 day simple moving average of $1.00.

About Tapinator

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Tapinator, Inc develops and publishes games for mobile platforms. The company’s library includes over 300 titles that, collectively, have achieved over 500 million mobile downloads, including notable games such as Video Poker Classic and Crypto Trillionaire. Through its NFT500 platform, the company has amassed a collection of fine art NFTs and has published a mobile application that extends the utility of these digital asset investments.