Short interest in PureCycle Technologies, Inc. (NASDAQ:PCTTW) Expands 500.0%

PureCycle Technologies, Inc. (NASDAQ:PCTTW – Get Free Report ) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,400 shares, an increase of 500.0% from August 31st’s total of 400 shares. Based on an average daily trading volume of 12,500 shares, the short interest rate is currently 0.2 days.

PureCycle Technologies trading up 2.3%

Shares of NASDAQ:PCTTW traded up $0.07 during trading on Wednesday, reaching $3.05. The company had a trading volume of 13,140 shares, compared to its average volume of 10,032. PureCycle Technologies has a 12-month low of $0.70 and a 12-month high of $3.46. The company’s fifty-day moving average is $1.75 and its 200-day moving average is $1.60.

About PureCycle Technologies

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PureCycle Technologies, Inc is engaged in the production of recycled polypropylene (PP). The company holds a license to restore PP waste into ultrapure recycled polypropylene resin, which has multiple applications including packaging and labeling of consumer products, pipes, cables, cables and plastic parts for various industries.

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