Powertap Hydrogen Capital Corp. Sees Increase in Short Interest of 44.0%

Powertap Hydrogen Capital Corp. (OTCMKTS:MOTNF) saw an increase in short interest of 44.0% from November 15th to November 30th, with 129,200 shares being shorted. This is based on a daily trading volume of 603,900 shares, giving a short-interest ratio of 0.2 days. The stock opened at $0.02 on Friday and has a 1 year low of $0.01 and a 1 year high of $0.41. Powertap Hydrogen Capital is a venture capital firm specializing in investments in early stage buyouts and prefers to invest primarily in equity, bridge loans, secured loans, unsecured loans, convertible debentures and other hybrid instruments.

Powertap Hydrogen Capital Corp. and the Hydrogen Economy

Powertap Hydrogen Capital Corp. is a publicly traded company that invests in hydrogen-based technology companies, with the goal of accelerating the transition to a hydrogen economy. The company’s investments are focused on technologies that enable the production, storage, and distribution of clean hydrogen energy for transportation, industrial applications, and residential use. Powertap believes that a shift to a hydrogen economy is necessary to reduce global greenhouse gas emissions and mitigate climate change. The company is committed to helping create an efficient and cost-effective infrastructure for hydrogen production, storage, and distribution systems that will provide clean energy solutions in both the near term and long term.
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Picture source: Richard Horvath