Short Interest in Powertap Hydrogen Capital Corp. (OTCMKTS:MOTNF) Increases By 108.2%

Powertap Hydrogen Capital Corp. (OTCMKTS:MOTNFGet Rating) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 10,200 shares, an increase of 108.2% from the April 15th total of 4,900 shares. Based on an average daily volume of 46,000 shares, the days-to-cover ratio is currently 0.2 days.

OTCMKTS:MOTNF traded up $0.01 during trading hours on Friday, hitting $0.17. 104,430 shares of the stock traded hands, compared to its average volume of 58,287. Powertap Hydrogen Capital has a fifty-two week low of $0.13 and a fifty-two week high of $1.34. The firm has a 50 day moving average price of $0.22 and a 200 day moving average price of $0.29.

About Powertap Hydrogen Capital (Get Rating)

Powertap Hydrogen Capital Corp. is a venture capital firm specializing in investments in early stage, buyouts. It prefers to invest in equity, bridge loans, secured loans, unsecured loans, convertible debentures, warrants and options, joint ventures, partnerships, royalties, streaming investments, net profit interests and other hybrid instruments.

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