Positron Corp. (OTCMKTS:POSC) Stock Short Interest Climbs 58.4%

by · The Cerbat Gem

Positron Corp. (OTCMKTS:POSC – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 9,086 shares, an increase of 58.4% from the September 15th total of 5,736 shares. Based on an average trading volume of 52,650 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Positron Price Performance

Shares of OTCMKTS:POSC remained flat at $1.62 during trading hours on Friday. 48,927 shares of the stock traded hands, compared to its average volume of 22,467. Positron has a twelve month low of $1.27 and a twelve month high of $2.74. The firm has a market capitalization of $53.62 million, a P/E ratio of -5.06 and a beta of 0.53. The company’s 50 day moving average is $1.75 and its two-hundred day moving average is $1.77.

Positron (OTCMKTS:POSC – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported ($0.03) earnings per share for the quarter. Positron had a negative return on equity of 2,415.88% and a negative net margin of 2,279.55%. The business had revenue of $0.11 million during the quarter.

Positron Company Profile

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Positron Corporation is a medical device company focused on positron emission tomography (PET), an imaging technology used to evaluate physiological and metabolic activity in the body. The company develops, manufactures and distributes PET imaging systems and related products for the nuclear medicine market.

Its product focus has included dedicated PET systems designed for applications such as cardiac imaging, as well as technologies intended to support the diagnosis and management of cardiovascular disease, cancer and other medical conditions.

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