RocketFuel Blockchain, Inc. (OTCMKTS:RKFL – Get Rating) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 157,800 shares, an increase of 96.3% from the March 15th total of 80,400 shares. Based on an average daily volume of 259,300 shares, the short-interest ratio is presently 0.6 days.
Shares of OTCMKTS RKFL opened at $0.20 on Friday. The stock has a fifty day simple moving average of $0.24 and a two-hundred day simple moving average of $0.44. RocketFuel Blockchain has a 1-year low of $0.18 and a 1-year high of $3.75. The firm has a market cap of $6.40 million, a price-to-earnings ratio of -0.95 and a beta of 0.82.
RocketFuel Blockchain (OTCMKTS:RKFL – Get Rating) last posted its quarterly earnings results on Tuesday, February 22nd. The company reported ($0.04) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.
RocketFuel Blockchain Company Profile (Get Rating)
RocketFuel Blockchain, Inc focuses on developing payment and check-out systems for purchases on e-commerce sites using cryptocurrencies and direct bank transfers. The company has a strategic partnership with ACI Worldwide, Inc to offer the company’s solution through a single integration enabling merchants to accept cryptocurrency payments with no processing fees.
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