Positron Corp. (OTCMKTS:POSC – Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 4,467 shares, an increase of ∞ from the July 15th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 16,580 shares, the days-to-cover ratio is currently 0.3 days.
Positron Stock Down 5.0%
Shares of Positron stock opened at $1.72 on Tuesday. The stock has a market cap of $56.50 million, a PE ratio of -5.38 and a beta of 0.18. The business has a fifty day simple moving average of $1.73 and a 200-day simple moving average of $1.87. Positron has a 12 month low of $1.27 and a 12 month high of $2.74.
Positron (OTCMKTS:POSC – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $0.11 million for the quarter. Positron had a negative net margin of 2,279.55% and a negative return on equity of 1,300.21%.
About Positron
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.
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