Powell Max Limited (NASDAQ:PMAX – Get Free Report) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 612,700 shares, a decrease of 29.9% from the August 31st total of 874,100 shares. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is presently 0.5 days. Currently, 20.2% of the company’s shares are sold short. Currently, 20.2% of the company’s shares are sold short. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is presently 0.5 days.
Powell Max Trading Up 8.1%
Shares of NASDAQ:PMAX opened at $0.29 on Monday. The business’s 50-day simple moving average is $0.32 and its 200 day simple moving average is $0.36. Powell Max has a one year low of $0.23 and a one year high of $3.99.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on PMAX shares. Wall Street Zen lowered Powell Max to a “strong sell” rating in a research note on Saturday, July 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Powell Max in a research note on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Powell Max has a consensus rating of “Sell”.
About Powell Max
Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.
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