Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) Sees Large Decline in Short Interest

Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) saw a significant drop in short interest in January. As of January 31st, there was short interest totalling 9,000 shares, a drop of 14.3% from the January 15th total of 10,500 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 22.5 days.

Hammer Fiber Optics Stock Down 27.7 %

OTCMKTS HMMR opened at $0.02 on Tuesday. Hammer Fiber Optics has a 12-month low of $0.00 and a 12-month high of $0.50. The firm’s fifty day simple moving average is $0.03 and its two-hundred day simple moving average is $0.15.

Hammer Fiber Optics Company Profile

Hammer Fiber Optics Holdings Corp invests in financial services technology and wireless telecommunications infrastructure in the United States. It offers HammerPay, a mobile payments platform to enable digital commerce between consumers and branded merchants for encrypted remittances and banking transactions.