What Will Happen to 3pea International Inc (NASDAQ:TPNL) Next? The Stock Has Decline in Shorts

October 13, 2018 - By Winifred Garcia

3Pea International, Inc. (NASDAQ:TPNL) Logo

The stock of 3pea International Inc (NASDAQ:TPNL) registered a decrease of 44.16% in short interest. TPNL’s total short interest was 11,000 shares in October as published by FINRA. Its down 44.16% from 19,700 shares, reported previously. With 147,900 shares average volume, it will take short sellers 0 days to cover their TPNL’s short positions. The short interest to 3pea International Inc’s float is 0.05%.

The stock increased 12.14% or $0.42 during the last trading session, reaching $3.88. About 50,085 shares traded. 3Pea International, Inc. (NASDAQ:TPNL) has risen 646.43% since October 13, 2017 and is uptrending. It has outperformed by 630.81% the S&P500.

3PEA International, Inc. designs and develops payment solutions, prepaid card programs, and processing services under the PaySign brand name for corporate, consumer, and government applications. The company has market cap of $169.44 million. The firm offers various services, including transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign platform, a proprietary card processing platform. It has a 97 P/E ratio. It also develops prepaid card programs for healthcare reimbursement payments, pharmaceutical co-pay assistance, corporate expense and per diem payments, and donor payments for source plasma and automobile dealership incentives, as well as payroll cards, general purpose re-loadable cards, travel cards, and loyalty rewards cards for the hospitality industry.

More recent 3Pea International, Inc. (NASDAQ:TPNL) news were published by: Benzinga.com which released: “24 Stocks Moving In Wednesday’s Pre-Market Session” on September 19, 2018. Also Benzinga.com published the news titled: “33 Stocks Moving In Wednesday’s Mid-Day Session” on September 19, 2018. Benzinga.com‘s news article titled: “51 Biggest Movers From Yesterday” with publication date: September 26, 2018 was also an interesting one.

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