Payment Data Syst Cm shares had a trading volume of 218K by the end of trading on Tuesday. Volume was down 89.68% under the stocks average daily volume.
Investors are feeling more bullish on shares of the company of late if you watch the decrease in short interest. The company recorded a fall in short interest between September 29, 2017 and October 13, 2017 of -32.06%. Short interest decreased 6,867 over that timeframe. The short-interest ratio decreased to 0.0 and the percentage of shorted shares is 0.00% as of October 13.
A few notable investment firms have updated their holdings. As of the end of the quarter Vanguard Group Inc had disposed of a total of 46,149 shares trimming its stake by 96.6%. The value in dollars went from $63,000 to $2,000 decreasing 96.8% quarter over quarter. As of quarter end Ifc Holdings Incorporated/fl had sold 27,635 shares trimming its holdings by 28.1%. The value of the company’s investment in Payment Data Syst Cm decreased from $119,000 to $114,000 a change of $5,000 quarter to quarter.
The company is so far trading down since yesterday’s close of 2.79. The most current P/E ratio is N/A and the market cap of the company is 31.95M. As of the latest earnings report the EPS was $-0.23 with 13.62M shares presently outstanding.
Payment Data Systems, Inc., launched on June 4, 1998, is involved in the business of processing electronic payments for other companies including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers. The Company operates through two operating entities: Payment Data Systems, Inc. and FiCentive, Inc. Payment Data Systems, Inc. provides integrated electronic payment processing services to merchants and businesses, including credit and debit card-based processing services and transaction processing through the ACH network. The Business’s ACH processing services enable merchants or businesses to both disburse and collect funds electronically using e-checks to transfer funds instead of traditional paper checks. An e-check is an electronic debit to a bank checking account that is initiated at the point-of-sale, on the Internet, over the telephone, or through a bill payment sent through the mail, and e-checks are processed using the ACH network..