Plastic2Oil, Inc. (OTCMKTS:PTOI) Sees Large Decline in Short Interest

Plastic2Oil, Inc. (OTCMKTS:PTOI) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 300 shares, a drop of 90.9% from the February 13th total of 3,300 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 155,400 shares, the days-to-cover ratio is presently 0.0 days.

Plastic2Oil Stock Down 7.0 %

Shares of Plastic2Oil stock traded down $0.00 during trading on Thursday, reaching $0.00. The company’s stock had a trading volume of 92,000 shares, compared to its average volume of 96,162. Plastic2Oil has a one year low of $0.00 and a one year high of $0.01.

About Plastic2Oil

Plastic2Oil, Inc engages in the transforming waste plastics to oil and other fuel products in the United States. It produces light and heavy fuel products, such as naphtha, fuel oil No. 2 and fuel oil No. 6. The company also produces by-products, including a reusable off-gas similar to natural gas and a carbon residue known as petcoke.