Positron Corp. (OTCMKTS:POSC) Sees Large Growth in Short Interest

Positron Corp. (OTCMKTS:POSC) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 12,836 shares, an increase of 187.4% from the July 30th total of 4,467 shares. Based on an average daily trading volume, of 49,487 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Positron Price Performance

OTCMKTS:POSC traded up $0.04 during trading hours on Thursday, hitting $1.68. The company’s stock had a trading volume of 2,456 shares, compared to its average volume of 48,975. Positron has a twelve month low of $1.27 and a twelve month high of $2.74. The stock has a fifty day simple moving average of $1.71 and a 200-day simple moving average of $1.86. The company has a market capitalization of $55.19 million, a P/E ratio of -5.25 and a beta of 0.18.

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

Positron Company Profile

Positron Corporation, a nuclear medicine healthcare company, specializes in the business of cardiac positron emission tomography (PET) imaging in the United States. It offers attrius PET scanner, clinical and technical services, and financing solutions enables healthcare providers to accurately diagnose cardiac disease, improve patient outcomes, and practice cost effective medicines. Positron Corporation was incorporated in 1983 and is based in Niagara Falls, New York.