Short Interest in SinglePoint Inc. (OTCMKTS:SING) Declines By 88.6%

SinglePoint Inc. (OTCMKTS:SING) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 6,000 shares, a decline of 88.6% from the November 30th total of 52,800 shares. Based on an average daily volume of 1,147,500 shares, the short-interest ratio is presently 0.0 days.

SinglePoint Stock Performance

Shares of SING traded down $0.00 during mid-day trading on Friday, hitting $0.01. The company’s stock had a trading volume of 854,239 shares, compared to its average volume of 705,438. The stock’s 50-day moving average is $0.02 and its two-hundred day moving average is $5.11. The firm has a market capitalization of $3,311.00, a PE ratio of 0.00 and a beta of -0.35. SinglePoint has a one year low of $0.01 and a one year high of $225.00.

SinglePoint (OTCMKTS:SING) last posted its quarterly earnings data on Friday, September 27th. The company reported ($21.96) earnings per share (EPS) for the quarter. The firm had revenue of $5.45 million for the quarter.

SinglePoint Company Profile

SinglePoint Inc focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company offers solar and air purification services; and solar installation and brokerage services. It also operates as an online store; supplies hydroponic supplies and nutrients to commercial and individual farmers, as well as nutrients, lights, HVAC systems, and other products to individuals that are interested in horticulture; and offers automotive technology solutions for vehicle repairs.