Plastic2Oil, Inc. (OTCMKTS:PTOI) Sees Large Growth in Short Interest

Plastic2Oil, Inc. (OTCMKTS:PTOI) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 900 shares, an increase of 200.0% from the March 15th total of 300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 72,000 shares, the short-interest ratio is currently 0.0 days.

Plastic2Oil Price Performance

Shares of OTCMKTS PTOI remained flat at $0.00 during midday trading on Tuesday. 14,875 shares of the stock traded hands, compared to its average volume of 83,830. Plastic2Oil has a twelve month low of $0.00 and a twelve month high of $0.01.

Plastic2Oil Company Profile

Plastic2Oil, Inc engages in the transforming waste plastics to oil and other fuel products in the United States. It produces light and heavy fuel products, such as naphtha, fuel oil No. 2 and fuel oil No. 6. The company also produces by-products, including a reusable off-gas similar to natural gas and a carbon residue known as petcoke.