Short Interest in Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) Decreases By 33.3%

Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 6,000 shares, a drop of 33.3% from the February 13th total of 9,000 shares. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is presently 1.3 days.

Hammer Fiber Optics Price Performance

Shares of OTCMKTS HMMR remained flat at $0.05 during midday trading on Friday. 12,700 shares of the stock were exchanged, compared to its average volume of 3,082. The firm has a fifty day moving average of $0.03 and a 200 day moving average of $0.15. Hammer Fiber Optics has a fifty-two week low of $0.00 and a fifty-two week high of $0.50.

About Hammer Fiber Optics

Hammer Fiber Optics Holdings Corp invests in financial services technology and wireless telecommunications infrastructure in the United States. It offers HammerPay, a mobile payments platform to enable digital commerce between consumers and branded merchants for encrypted remittances and banking transactions.