EML Payments Limited (OTCMKTS:EMCHF) Short Interest Down 79.0% in May

EML Payments Limited (OTCMKTS:EMCHFGet Free Report) saw a large drop in short interest in 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 volume of 611 shares, the days-to-cover ratio is presently 3.6 days.

EML Payments Price Performance

Shares of OTCMKTS:EMCHF opened at $0.49 on Wednesday. EML Payments has a 1-year low of $0.49 and a 1-year high of $0.70. The business’s 50 day moving average is $0.49 and its 200-day moving average is $0.54.

EML Payments Company Profile

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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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