Short Interest in SinglePoint Inc. (OTCMKTS:SING) Decreases By 30.0%

SinglePoint Inc. (OTCMKTS:SING) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 52,800 shares, a drop of 30.0% from the November 15th total of 75,400 shares. Based on an average trading volume of 2,239,300 shares, the days-to-cover ratio is currently 0.0 days.

SinglePoint Price Performance

Shares of SinglePoint stock remained flat at $0.02 on Friday. The stock had a trading volume of 2,225,825 shares, compared to its average volume of 702,365. The firm has a market capitalization of $5,327.70, a P/E ratio of 0.00 and a beta of -0.35. SinglePoint has a 1-year low of $0.01 and a 1-year high of $499.00. The business has a 50-day simple moving average of $0.03 and a 200-day simple moving average of $6.70.

SinglePoint (OTCMKTS:SING) last issued its earnings results on Friday, September 27th. The company reported ($21.96) earnings per share (EPS) for the quarter. The business had revenue of $5.45 million during the quarter.

SinglePoint Company Profile

SinglePoint Inc focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar and air purification services; and solar installation and brokerage services. It also operates as an online store; supplies hydroponic supplies and nutrients to commercial and individual farmers, as well as nutrients, lights, HVAC systems, and other products to individuals that are interested in horticulture; and offers automotive technology solutions for vehicle repairs.