EML Payments Limited (OTCMKTS:EMCHF – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,217 shares, a drop of 79.0% from the May 14th total of 10,559 shares. Based on an average daily trading volume, of 611 shares, the short-interest ratio is presently 3.6 days.
EML Payments Price Performance
EMCHF remained flat at $0.49 during trading on Thursday. EML Payments has a 12 month low of $0.49 and a 12 month high of $0.70. The firm’s fifty day moving average price is $0.49 and its two-hundred day moving average price is $0.54.
EML Payments Company Profile
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.
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