Short Interest in EML Payments Limited (OTCMKTS:EMCHF) Declines By 48.5%

EML Payments Limited (OTCMKTS:EMCHF) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 48,400 shares, a decrease of 48.5% from the November 15th total of 94,000 shares. Based on an average daily trading volume, of 37,400 shares, the days-to-cover ratio is currently 1.3 days.

EML Payments Price Performance

EML Payments stock remained flat at $0.62 during midday trading on Friday. EML Payments has a 1 year low of $0.40 and a 1 year high of $0.77. The business’s fifty day moving average is $0.48 and its two-hundred day moving average is $0.53.

About EML Payments

EML Payments Limited provides payment solutions platform in Australia, Europe, and North America. It operates in three segments: General Purpose Reloadable, Gift and Incentives, and Digital Payments. The General Purpose Reloadable segment offers reloadable cards to various industries, such as government, salary packaging, gaming, and digital banking.