Spectral Medical Inc. (OTCMKTS:EDTXF) Short Interest Up 8.8% in March

Spectral Medical Inc. (OTCMKTS:EDTXF) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 71,500 shares, a growth of 8.8% from the March 15th total of 65,700 shares. Based on an average daily volume of 86,000 shares, the days-to-cover ratio is presently 0.8 days.

Spectral Medical Price Performance

Shares of EDTXF stock opened at $0.32 on Wednesday. Spectral Medical has a fifty-two week low of $0.17 and a fifty-two week high of $0.50. The stock’s 50-day moving average is $0.37 and its two-hundred day moving average is $0.32.

Spectral Medical (OTCMKTS:EDTXF) last issued its quarterly earnings data on Thursday, March 28th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $0.27 million for the quarter.

About Spectral Medical

Spectral Medical Inc, together with its subsidiaries, focuses on the development and commercialization of products for the treatment of septic shock in North America. The company markets Endotoxin Activity Assay, a rapid in vitro diagnostic test for the detection of components of gram negative bacterial cell wall; and Polymyxin B Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream.