What’s TAPINATOR INC NEW (OTCMKTS:TAPM) Upside After This Short Interest Decrease?

September 30, 2018 - By Robert Shackelford

Tapinator, Inc. (OTCMKTS:TAPM) Logo

The stock of TAPINATOR INC NEW (OTCMKTS:TAPM) registered a decrease of 3.14% in short interest. TAPM’s total short interest was 1.40 million shares in September as published by FINRA. Its down 3.14% from 1.45M shares, reported previously. With 644,600 shares average volume, it will take short sellers 2 days to cover their TAPM’s short positions.

The stock increased 51.21% or $0.0169 during the last trading session, reaching $0.0499. About 288,783 shares traded. Tapinator, Inc. (OTCMKTS:TAPM) has 0.00% since September 30, 2017 and is . It has underperformed by 15.62% the S&P500.

Tapinator, Inc. develops and publishes mobile games on the iOS, Google Play, and Amazon platforms. The company has market cap of $5.34 million. The Company’s portfolio includes approximately 300 mobile gaming titles that have approximately 400 million player downloads, including games, such as ROCKY, Video Poker Classic, Solitaire Dash, Dice Mage, and Burn It Down. It currently has negative earnings.

Another recent and important Tapinator, Inc. (OTCMKTS:TAPM) news was published by Seekingalpha.com which published an article titled: “Tapinator repurchases and cancels all of its preferred shares” on September 10, 2018.

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