PureCycle Technologies, Inc. (NASDAQ:PCTTW) Short Interest Down 31.7% in September

PureCycle Technologies, Inc. (NASDAQ:PCTTW) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 11,000 shares, a drop of 31.7% from the September 15th total of 16,100 shares. Based on an average daily trading volume, of 10,000 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 10,000 shares, the days-to-cover ratio is currently 1.1 days.

PureCycle Technologies Price Performance

NASDAQ PCTTW opened at $3.58 on Friday. PureCycle Technologies has a 52-week low of $0.87 and a 52-week high of $6.16. The business’s 50-day moving average price is $3.97 and its 200 day moving average price is $3.44.

PureCycle Technologies Company Profile

PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries.