Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) Sees Large Increase in Short Interest

Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 10,500 shares, an increase of 600.0% from the December 31st total of 1,500 shares. Based on an average daily volume of 18,400 shares, the days-to-cover ratio is presently 0.6 days.

Hammer Fiber Optics Stock Down 29.9 %

Shares of HMMR traded down $0.01 during midday trading on Tuesday, reaching $0.02. 301 shares of the stock were exchanged, compared to its average volume of 1,963. The business’s 50-day moving average price is $0.03 and its 200 day moving average price is $0.16. Hammer Fiber Optics has a twelve month low of $0.00 and a twelve month high of $0.50.

About Hammer Fiber Optics

Hammer Fiber Optics Holdings Corp invests in financial services technology and wireless telecommunications infrastructure in the United States. It offers HammerPay, a mobile payments platform to enable digital commerce between consumers and branded merchants for encrypted remittances and banking transactions.