Positron Corp. (OTCMKTS:POSC) Sees Significant Increase in Short Interest

Positron Corp. (OTCMKTS:POSC – Get Free Report) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,278 shares, a growth of 387.8% from the October 15th total of 262 shares. Based on an average daily volume of 11,347 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Positron Stock Up 1.7%

Shares of POSC stock traded up $0.03 during trading on Wednesday, reaching $1.75. The company’s stock had a trading volume of 3,629 shares, compared to its average volume of 41,289. Positron has a one year low of $1.27 and a one year high of $2.74. The business has a fifty day moving average price of $1.73 and a 200-day moving average price of $1.82. The company has a market cap of $57.92 million, a price-to-earnings ratio of -5.47 and a beta of 0.67.

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

Positron Company Profile

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Positron Corporation (OTCMKTS: POSC) is a medical technology company focused on positron emission tomography (PET), a nuclear-imaging technique used to support the diagnosis and management of disease. Its activities include the development, manufacture and distribution of PET imaging systems and related products for healthcare providers. The company has emphasized cardiac PET imaging, an application that can help physicians evaluate heart function and blood flow. Positron’s product offerings have included dedicated PET equipment, such as the Attrius PET system, along with related imaging and radiopharmaceutical solutions.

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