PureCycle Technologies, Inc. (NASDAQ:PCTTW) Short Interest Up 27.3% in November

PureCycle Technologies, Inc. (NASDAQ:PCTTW) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,800 shares, an increase of 27.3% from the October 31st total of 2,200 shares. Based on an average trading volume of 13,300 shares, the short-interest ratio is presently 0.2 days.

PureCycle Technologies Price Performance

PCTTW opened at $4.90 on Monday. PureCycle Technologies has a 1 year low of $0.70 and a 1 year high of $5.70. The firm has a 50 day moving average price of $3.82 and a 200 day moving average price of $2.36.

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.