Short Interest of The Day: Could 3PEA INTERNATIONAL INCORPORATED (OTCBB:TPNL) Skyrocket? The Stock Had Too Little Sellers

November 18, 2016 - By Adrian Mccoy   ·   0 Comments

Short Interest of The Day: Could 3PEA INTERNATIONAL INCORPORATED (OTCBB:TPNL) Skyrocket? The Stock Had Too Little Sellers

The stock of 3PEA INTERNATIONAL INCORPORATED (OTCBB:TPNL) registered a decrease of 29.55% in short interest. TPNL’s total short interest was 3,100 shares in November as published by FINRA. Its down 29.55% from 4,400 shares, reported previously. With 1,200 shares average volume, it will take short sellers 3 days to cover their TPNL’s short positions. The stock decreased 16.19% or $0.06 on November 17, hitting $0.31. About 40,660 shares traded hands or 304.38% up from the average. 3Pea International Inc (OTCBB:TPNL) has risen 55.00% since April 18, 2016 and is uptrending. It has outperformed by 50.57% the S&P500.

3PEA International, Inc. is a payment solutions firm providing prepaid card programs and processing services for corporate, consumer and government applications. The company has a market cap of $21.89 million. The Firm focuses on the evaluation of payment terminal software and hardware technology. It currently has negative earnings. It markets prepaid debit card solutions under its PaySign brand.

TPNL Company Profile

3PEA International, Inc., incorporated on August 24, 1995, is a payment solutions firm providing prepaid card programs and processing services for corporate, consumer and government applications. The Firm focuses on the evaluation of payment terminal software and hardware technology. The Firm markets its prepaid debit card solutions under its PaySign brand. The Firm is engaged in the development of a secure payment gateway and hardware device, which utilizes encryption technology and secure key exchange to facilitate personal identification number (PIN) debit transactions over the Internet. The Firm provides card processing platform, which consists of systems and software applications based on the needs of its programs. Through its PaySign platform, the Company provides various services, including transaction processing, cardholder enrollment, value loading, cardholder account management, reporting and customer service. It has developed prepaid card programs for healthcare reimbursement payments, pharmaceutical co-pay assistance, donor payments for source plasma and automobile dealership incentives. The Company’s product offering includes additional corporate incentive products, payroll cards, general purpose re-loadable cards, travel cards and expense reimbursement cards. The Company’s cards are offered to end users through its relationships with bank issuers.

More important recent 3Pea International Inc (OTCBB:TPNL) news were published by: Businesswire.com which released: “3PEA International and Visa Enter into a Prepaid Card Agreement” on October 14, 2014, also Marketwired.com published article titled: “3PEA International, Inc. Announces the Hiring of Ruben Corona as Vice …”, Businesswire.com published: “3PEA International Launches its PaySign ® Brand of Prepaid Cards” on October 02, 2014. More interesting news about 3Pea International Inc (OTCBB:TPNL) was released by: Businesswire.com and their article: “The Interstate Companies Selects 3PEA’s PaySign Prepaid Solution for Plasma …” with publication date: October 07, 2014.

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By Adrian Mccoy


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