Paragon Technologies Inc. (OTCMKTS:PGNT) Shares Shorted: Short Interest Up 93.8% in October

Paragon Technologies Inc. (OTCMKTS:PGNT) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 124 shares, an increase of 93.8% from the September 30th total of 64 shares. Based on an average daily volume of 127 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the shares of the stock are sold short.

Paragon Technologies Stock Performance

OTCMKTS:PGNT remained flat at $4.39 during trading hours on Monday. The stock has a market capitalization of $7.73 million, a price-to-earnings ratio of -6.10 and a beta of 0.23. The business has a 50 day simple moving average of $4.48 and a two-hundred day simple moving average of $4.79. Paragon Technologies has a 12-month low of $4.19 and a 12-month high of $5.40.

Paragon Technologies (OTCMKTS:PGNT) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.05 EPS for the quarter. The company had revenue of $33.36 million during the quarter.

About Paragon Technologies

Paragon Technologies, Inc is a diversified holding company that acquires, owns and manages businesses and other investments. Unlike a company focused on one product line, Paragon’s activities are determined by the operating companies and investments within its portfolio.

The company has historically pursued opportunities involving technology-related and other operating businesses, with an emphasis on managing its holdings for long-term value creation. The composition of its portfolio and the nature of its operating activities may change as the company makes acquisitions, dispositions or other strategic investments.

Publicly available information about Paragon Technologies’ current operating subsidiaries, geographic markets and leadership is limited.