Positron Corp. (OTCMKTS:POSC – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 5,736 shares, a growth of 53.6% from the August 31st total of 3,734 shares. Based on an average daily volume of 33,173 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.
Positron Stock Performance
POSC opened at $1.79 on Friday. Positron has a 1 year low of $1.27 and a 1 year high of $2.74. The firm has a 50 day moving average price of $1.73 and a 200 day moving average price of $1.79. The company has a market cap of $59.32 million, a PE ratio of -5.60 and a beta of 0.53.
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 net margin of 2,279.55% and a negative return on equity of 2,415.88%. The business had revenue of $0.11 million for the quarter.
About Positron
Positron Corporation is a medical technology company focused on positron emission tomography (PET), an imaging technique used to evaluate physiological activity in the body. The company’s business has centered on developing, manufacturing and commercializing PET imaging systems and related technologies for healthcare providers.
Positron has also been associated with radiopharmaceutical products and services that support PET procedures, as well as the installation, maintenance and servicing of imaging equipment.
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