Powell Max Limited (NASDAQ:PMAX) Short Interest Update

Powell Max Limited (NASDAQ:PMAX) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 258,845 shares, an increase of 391.0% from the March 31st total of 52,715 shares. Based on an average daily trading volume, of 12,595,220 shares, the short-interest ratio is currently 0.0 days. Approximately 143.8% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Powell Max in a research note on Friday, April 10th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Powell Max Stock Down 6.3%

NASDAQ PMAX traded down $0.16 on Friday, hitting $2.38. 149,313 shares of the stock were exchanged, compared to its average volume of 776,868. The stock has a fifty day moving average price of $9.19 and a two-hundred day moving average price of $18.68. Powell Max has a 52-week low of $2.00 and a 52-week high of $89.60.

About Powell Max

Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.