AppTech Payments Corp. (NASDAQ:APCX) Short Interest Update

AppTech Payments Corp. (NASDAQ:APCX) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 159,300 shares, a decrease of 65.3% from the December 31st total of 459,500 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 3,630,000 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On AppTech Payments

A hedge fund recently raised its stake in AppTech Payments stock. Moss Adams Wealth Advisors LLC raised its position in shares of AppTech Payments Corp. (NASDAQ:APCX) by 112.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,000 shares of the company’s stock after purchasing an additional 45,000 shares during the period. Moss Adams Wealth Advisors LLC owned approximately 0.31% of AppTech Payments worth $44,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.15% of the company’s stock.

AppTech Payments Stock Down 0.6 %

AppTech Payments stock traded down $0.00 during midday trading on Thursday, hitting $0.41. 12,516 shares of the stock were exchanged, compared to its average volume of 391,574. AppTech Payments has a 52-week low of $0.31 and a 52-week high of $2.30. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average price is $0.51 and its 200-day moving average price is $0.69. The stock has a market capitalization of $11.34 million, a price-to-earnings ratio of -0.86 and a beta of 0.13.

About AppTech Payments

AppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. Its merchant transaction services offer processing payments for credit and debit cards through point-of-sale equipment, e-commerce gateways, periodic automatic clearing house payments, and gift and loyalty programs.