PureCycle Technologies, Inc. (NASDAQ:PCTTW) Short Interest Down 26.1% in March

PureCycle Technologies, Inc. (NASDAQ:PCTTW) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,700 shares, a decline of 26.1% from the February 28th total of 2,300 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is currently 0.2 days.

PureCycle Technologies Trading Down 6.5 %

Shares of PCTTW traded down $0.11 during mid-day trading on Monday, reaching $1.51. The stock had a trading volume of 3,333 shares, compared to its average volume of 11,197. The business’s fifty day moving average is $2.70 and its 200 day moving average is $3.34. PureCycle Technologies has a 52-week low of $1.08 and a 52-week high of $5.70.

PureCycle Technologies Company Profile

PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP). The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries.