EML Payments Limited (OTCMKTS:EMCHF) Sees Significant Drop in Short Interest

EML Payments Limited (OTCMKTS:EMCHF) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 6,867 shares, a decrease of 64.6% from the April 15th total of 19,382 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

EML Payments Stock Performance

EMCHF remained flat at $0.49 during midday trading on Thursday. The firm’s fifty day moving average is $0.49 and its 200 day moving average is $0.55. EML Payments has a 52-week low of $0.49 and a 52-week high of $0.70.

About EML Payments

EML Payments (OTCMKTS:EMCHF) is a global provider of payment solutions specializing in reloadable prepaid cards, digital wallets and gift card programs. Through its cloud-based platform, the company enables businesses to issue, distribute and manage open-loop and closed-loop payment products across physical, online and mobile channels. EML’s services include single-use virtual accounts, customizable gift and reward card programs, and turnkey card issuance capabilities designed to streamline payments for corporate incentives, payroll, expense management and government disbursements.

At the core of EML’s offering is a software-as-a-service architecture that integrates with clients’ existing systems via APIs, allowing for rapid deployment of branded payment solutions.