Pacific Health Care Organization Inc. (OTCMKTS:PFHO) Sees Large Growth in Short Interest

Pacific Health Care Organization Inc. (OTCMKTS:PFHO – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,172 shares, an increase of 965.5% from the September 30th total of 110 shares. Based on an average daily trading volume, of 8,837 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Pacific Health Care Organization Trading Up 0.6%

Shares of PFHO stock traded up $0.01 on Monday, reaching $0.94. 6,000 shares of the company’s stock were exchanged, compared to its average volume of 2,433. Pacific Health Care Organization has a 52 week low of $0.80 and a 52 week high of $1.36. The stock has a market capitalization of $12.03 million, a PE ratio of 10.45 and a beta of 0.17. The company’s fifty day simple moving average is $0.98 and its 200 day simple moving average is $1.07.

Pacific Health Care Organization Company Profile

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Pacific Health Care Organization, Inc (OTCMKTS:PFHO) provides medical cost-containment and managed-care services for the workers’ compensation industry. The company helps employers, insurance carriers, and third-party administrators manage medical claims and control related expenses.

Its services include utilization review, which evaluates the medical necessity and appropriateness of proposed treatment; medical bill review; nurse case management; and access to preferred-provider networks.

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