EML Payments Limited (OTCMKTS:EMCHF – Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 2,217 shares, a drop of 79.0% from the May 14th total of 10,559 shares. Based on an average daily trading volume, of 611 shares, the days-to-cover ratio is currently 3.6 days.
EML Payments Price Performance
EMCHF opened at $0.49 on Wednesday. The stock’s 50 day moving average price is $0.49 and its two-hundred day moving average price is $0.54. EML Payments has a 12-month low of $0.49 and a 12-month high of $0.70.
About EML Payments
EML Payments (OTCMKTS:EMCHF) is a global provider of payment solutions specializing in reloadable prepaid cards, digital wallets and gift card programs. Through its cloud-based platform, the company enables businesses to issue, distribute and manage open-loop and closed-loop payment products across physical, online and mobile channels. EML’s services include single-use virtual accounts, customizable gift and reward card programs, and turnkey card issuance capabilities designed to streamline payments for corporate incentives, payroll, expense management and government disbursements.
At the core of EML’s offering is a software-as-a-service architecture that integrates with clients’ existing systems via APIs, allowing for rapid deployment of branded payment solutions.
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