Payoneer Global Inc. (NASDAQ:PAYOW) Short Interest Down 88.9% in June

Payoneer Global Inc. (NASDAQ:PAYOW) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 100 shares, a decline of 88.9% from the June 15th total of 900 shares. Based on an average trading volume of 27,400 shares, the days-to-cover ratio is presently 0.0 days.

Payoneer Global Stock Performance

Shares of PAYOW traded up $0.02 during midday trading on Thursday, hitting $0.22. 7,366 shares of the stock traded hands, compared to its average volume of 48,376. Payoneer Global has a 1-year low of $0.16 and a 1-year high of $0.93. The business’s 50 day moving average price is $0.28 and its two-hundred day moving average price is $0.29.

About Payoneer Global

Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.