Hank Payments Corp V.HANK

Change in short interest

[hintonkid]

I was just looking at some stats for HANK on Yahoo! Finance just to see if there were any signs that shareholders could be starting to see signs of a positive share price turn around.  In particular, my focus was on short interest in the stock and it looks like there might be signs of a thaw on the horizon on that front.  According to the stats just over 53,000 shars were shorted as of December 30, 2022.  As of February 15, 2023 shares shorted had declined to 8,000 shares.  The Yahoo! Finance stats are sourced through Morningstar.  HANK negotiators have been in talks with another party for a number of weeks now in regard to a licensing agreement in Canada.  Those talks are ongoing at the present time and Investor Relations has indicated that once negotiations have been concluded the company will have an announcement and will disclose details of the deal to investors and the market.  The way I read it, the fact that shorters are reducing their short positions strongly indicates that they don't want to get caught with their pants down if the company successfully executes on the licensing agreement and have to cover their short positions.  I am looking forward to a coming announcement.  Investors could use a little good news in this time of  market uncertaintly and volitility.  Wishing everyone good fortune and good buys.

[tinkvid]

I Have been watching this one, when it first hit my radar I bought 5000 shares at .115 cents after I seeing their quartterly results about last May. I too noticed that the shorts on in 2021 never changed up or down.  The financial reults seem to be quite positive for a tiny company trying to break into the automotive loan market and the banking industry. Are those gross margins sustainable -