Pason Systems Inc. (OTCMKTS:PSYTF) Short Interest Down 38.4% in July

Posted by Joseph Griffin on Aug 19th, 2026

Pason Systems Inc. (OTCMKTS:PSYTF – Get Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 1,126,690 shares, a drop of 38.4% from the July 15th total of 1,828,840 shares. Based on an average daily volume of 48,469 shares, the short-interest ratio is currently 23.2 days.

Analysts Set New Price Targets

A number of brokerages recently issued reports on PSYTF. Royal Bank Of Canada restated an “outperform” rating on shares of Pason Systems in a research note on Wednesday, August 12th. TD Securities upgraded shares of Pason Systems from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Pason Systems in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pason Systems presently has a consensus rating of “Buy”.

Read Our Latest Report on Pason Systems

Pason Systems Stock Performance

Shares of OTCMKTS PSYTF opened at $10.37 on Wednesday. The stock’s 50 day moving average price is $9.20 and its two-hundred day moving average price is $9.52. Pason Systems has a 52-week low of $7.89 and a 52-week high of $11.33.

Pason Systems Company Profile

(Get Free Report)

Pason Systems Inc is a Calgary-based provider of data management, automation and software solutions for drilling operations in the oil and gas industry. Since its founding in 1975, the company has developed a suite of instrumentation and data analytics products designed to enhance the safety, efficiency and performance of drilling rigs. Pason’s core offering includes real-time data acquisition systems that collect and transmit drilling parameters such as rate of penetration, torque, hookload and mud flow, enabling operators to make informed decisions on the rig floor and in remote monitoring centers.

The company’s technology platform integrates hardware, software and communications services to deliver comprehensive wellsite data management.