Tyro Payments Limited (OTCMKTS:TYPMF) Sees Large Drop in Short Interest

Tyro Payments Limited (OTCMKTS:TYPMF) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 12,000 shares, a drop of 75.4% from the January 31st total of 48,800 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 5.5 days.

Tyro Payments Price Performance

Shares of OTCMKTS:TYPMF opened at $0.53 on Friday. Tyro Payments has a 52 week low of $0.50 and a 52 week high of $0.54. The firm has a fifty day simple moving average of $1.38 and a two-hundred day simple moving average of $1.78.

About Tyro Payments

Tyro Payments Limited provides payment solutions to merchants in Australia. The company operates through two segments, Payments and Banking. It offers electronic funds transfer at point of sale (EFTPOS) solutions, business loans, and banking solutions. The company also acquires credit, debit, and EFTPOS cards; and offers Medicare and private health fund claiming and rebating services.