Short Interest in Tyro Payments Limited (OTCMKTS:TYPMF) Declines By 75.4%

Tyro Payments Limited (OTCMKTS:TYPMF) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 12,000 shares, a drop of 75.4% from the January 31st total of 48,800 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is currently 5.5 days.

Tyro Payments Stock Performance

Tyro Payments stock opened at $0.53 on Friday. Tyro Payments has a 1 year low of $0.50 and a 1 year high of $0.54. The firm’s 50 day moving average price is $1.41 and its 200-day moving average price is $1.80.

About Tyro Payments

Tyro Payments Limited provides payment solutions to merchants in Australia. The company operates through two segments, Payments and Banking. It offers electronic funds transfer at point of sale (EFTPOS) solutions, business loans, and banking solutions. The company also acquires credit, debit, and EFTPOS cards; and offers Medicare and private health fund claiming and rebating services.