Short Interest in PureCycle Technologies, Inc. (NASDAQ:PCTTW) Increases By 27.3%

PureCycle Technologies, Inc. (NASDAQ:PCTTW) saw 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 daily volume of 13,300 shares, the short-interest ratio is currently 0.2 days.

PureCycle Technologies Trading Up 4.3 %

PCTTW opened at $4.90 on Monday. The stock has a fifty day simple moving average of $3.82 and a two-hundred day simple moving average of $2.36. PureCycle Technologies has a 12-month low of $0.70 and a 12-month high of $5.70.

PureCycle Technologies Company Profile

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.