HIRE Technologies (OTCMKTS:HIRRF) (TSXV:HIRE.V) Stock In Focus After Recent Development

Shares of HIRE Technologies (OTCMKTS:HIRRF) (TSXV:HIRE.V) have been trading within a narrow range over the past month.

Market Stats

On Wednesday, HIRRF stock ended flat at $0.1563 with 27 shares, compared to its average volume of 290 shares. The stock has moved within a range of $0.1563 – 0.1563 after opening trading at $0.1563.

HIRE Technologies Receives DTC Eligibility

Company focusing on modernizing and digitizing human resources solutions, HIRE Technologies (OTCMKTS:HIRRF) (TSXV:HIRE.V) on February 2, 2022, announced that the common shares listed on OTCQB Venture Market under ticker “HIRRF”.

The firm confirmed that it is eligible for electronic clearing as well as settlement through Depository Trust Company in the United States

Simon Dealy, Chief Executive Officer of HIRE Technologies said that it is an important step for HIRE as DTC eligibility enables investors, especially in the US, for trading the common shares cost-effectiveness without any brokerage. Dealy added that he is looking forward on augmenting on profile and expanding investor relations outreach in the country.

A subsidiary of Depository Trust and Clearing Corporation, DTC is an American company managing electronic clearing as well as settlement of publicly traded firms. Its eligible securities can be cleared and settled electronically, simplifying the process of trading, improving the speed of execution as well as enhancing liquidity in the country.

HIRE Technologies is engaged in investing and shaping the future of human resource management with a focus on technology-first. This is being done by consolidation as well as modernizing the staffing marketplace. The firm owns and operates staffing firms and platform technology that it is harnessing for facilitating firms to become more advanced in terms of technology.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.