Positron Corp. (OTCMKTS:POSC) Short Interest Update

Positron Corp. (OTCMKTS:POSC) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 3,734 shares, a decline of 70.9% from the August 15th total of 12,836 shares. Based on an average daily trading volume, of 27,320 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Positron Price Performance

OTCMKTS:POSC remained flat at $1.79 during mid-day trading on Friday. 20,665 shares of the company traded hands, compared to its average volume of 15,587. The firm’s fifty day simple moving average is $1.70 and its 200-day simple moving average is $1.84. The company has a market capitalization of $58.80 million, a P/E ratio of -5.59 and a beta of 0.18. Positron has a 52-week low of $1.27 and a 52-week high of $2.74.

Positron (OTCMKTS:POSC) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.03) EPS for the quarter. Positron had a negative net margin of 2,279.55% and a negative return on equity of 2,415.88%. The firm had revenue of $0.11 million during the quarter.

Positron Company Profile

Positron Corporation, a nuclear medicine healthcare company, specializes in the business of cardiac positron emission tomography (PET) imaging in the United States. It offers attrius PET scanner, clinical and technical services, and financing solutions enables healthcare providers to accurately diagnose cardiac disease, improve patient outcomes, and practice cost effective medicines. Positron Corporation was incorporated in 1983 and is based in Niagara Falls, New York.