PowerBand Solutions Inc. (OTCMKTS:PWWBF) Short Interest Up 3,800.0% in January

PowerBand Solutions Inc. (OTCMKTS:PWWBF) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 19,500 shares, an increase of 3,800.0% from the January 15th total of 500 shares. Based on an average daily volume of 36,400 shares, the short-interest ratio is presently 0.5 days.

PowerBand Solutions Price Performance

Shares of PWWBF stock opened at C$0.11 on Thursday. The company’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07. PowerBand Solutions has a 1 year low of C$0.00 and a 1 year high of C$0.18.

PowerBand Solutions Company Profile

PowerBand Solutions Inc develops, markets, and sells access to cloud-based transaction platforms to finance and lease new and used vehicles. It provides DrivrzXchange, an inclusive multi-sided marketplace that allows buyers and sellers to list and/or find vehicles; and DrivrzFinancial, a technology driven finance solution focus on used vehicle and EV leasing.