InPost S.A. (OTCMKTS:INPOY) Sees Large Decrease in Short Interest

InPost S.A. (OTCMKTS:INPOY) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 1,500 shares, a drop of 25.0% from the February 13th total of 2,000 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is currently 0.8 days.

InPost Trading Up 4.4 %

Shares of InPost stock opened at $7.76 on Friday. The business’s 50 day moving average price is $8.46 and its 200 day moving average price is $8.89. InPost has a one year low of $7.43 and a one year high of $10.17.

About InPost

InPost SA, together with its subsidiaries, operates as an out-of-home e-commerce enablement platform providing parcel locker services in Europe. It operates through four segments: APM (Automated Parcel Machines), To-Door, Mondial Relay, and International Other. The APM segment focuses on the delivery of parcels to APM.