Short Interest in Plaintree Systems Inc. (OTCMKTS:PTEEF) Declines By 69.3%

Plaintree Systems Inc. (OTCMKTS:PTEEF) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 4,436 shares, a decrease of 69.3% from the January 15th total of 14,436 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,513 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 2,513 shares, the short-interest ratio is currently 1.8 days. Approximately 0.0% of the company’s stock are sold short.

Plaintree Systems Stock Performance

Shares of OTCMKTS:PTEEF remained flat at $0.04 during trading on Friday. The company’s 50-day moving average price is $0.04 and its 200 day moving average price is $0.04. Plaintree Systems has a one year low of $0.03 and a one year high of $0.07. The company has a quick ratio of 0.94, a current ratio of 1.36 and a debt-to-equity ratio of 0.11. The stock has a market cap of $525,733.80, a P/E ratio of -0.41 and a beta of 0.39.

Plaintree Systems (OTCMKTS:PTEEF) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $3.41 million during the quarter. Plaintree Systems had a negative net margin of 1.53% and a negative return on equity of 242.90%.

Plaintree Systems Company Profile

Plaintree Systems Inc designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, and internationally. The company manufactures avionic components for various applications, including aircraft antiskid braking, aircraft indicators, solenoids, and permanent magnet alternators; and operates as a design/build manufacturer of steel, aluminum, and stainless-steel specialty structures comprising commercial domes, free form structures, barrel vaults, space frames, and industrial dome coverings.