Powerlaw Corp (NASDAQ:PWRL – Get Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 29,852 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 258,475 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.
Powerlaw Stock Performance
PWRL stock traded down $1.14 during midday trading on Tuesday, reaching $17.46. The company had a trading volume of 263,554 shares, compared to its average volume of 464,114. Powerlaw has a fifty-two week low of $16.61 and a fifty-two week high of $40.00.
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