PureCycle Technologies, Inc. (NASDAQ:PCTTW) Sees Large Decrease in Short Interest

PureCycle Technologies, Inc. (NASDAQ:PCTTW) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 1,200 shares, a decline of 20.0% from the September 30th total of 1,500 shares. Based on an average trading volume of 14,300 shares, the short-interest ratio is currently 0.1 days.

PureCycle Technologies Price Performance

PCTTW traded up $0.12 on Friday, hitting $5.13. 55,721 shares of the company were exchanged, compared to its average volume of 10,457. The firm has a fifty day simple moving average of $2.45 and a two-hundred day simple moving average of $1.83. PureCycle Technologies has a 12 month low of $0.70 and a 12 month high of $5.70.

About PureCycle Technologies

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.