Short Interest in Smart Card Marketing Systems Inc. (OTCMKTS:SMKG) Declines By 66.7%

Smart Card Marketing Systems Inc. (OTCMKTS:SMKG – Get Rating) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 600 shares, a decline of 66.7% from the April 30th total of 1,800 shares. Based on an average daily trading volume, of 18,300 shares, the days-to-cover ratio is presently 0.0 days.

Smart Card Marketing Systems Stock Performance

Shares of SMKG stock remained flat at $0.01 during trading on Friday. 7,950 shares of the stock traded hands. The firm’s 50-day moving average price is $0.01 and its two-hundred day moving average price is $0.02. Smart Card Marketing Systems has a 1 year low of $0.00 and a 1 year high of $0.10.

About Smart Card Marketing Systems

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Smart Card Marketing Systems, Inc is a fintech and paytech company engaged in providing payment services. The firm offers prepaid cards, value smart storage cards, and payment processing services. The company was founded by Massimo J. N. Barone and Paolo Continelli in 1987 and is headquartered in Wilmington, DE.