Positron Corp. (OTCMKTS:POSC – Get Free Report) was the recipient of a large 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. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 27,320 shares, the short-interest ratio is presently 0.1 days.
Positron Price Performance
POSC remained flat at $1.79 on Friday. The company’s stock had a trading volume of 20,665 shares, compared to its average volume of 15,587. The company has a 50-day simple moving average of $1.70 and a two-hundred day simple moving average of $1.84. Positron has a 52 week low of $1.27 and a 52 week high of $2.74. The stock has a market cap of $58.79 million, a PE ratio of -5.59 and a beta of 0.18.
Positron (OTCMKTS:POSC – Get Free Report) last released its quarterly earnings results 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 for 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.
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