PMI (NYSEAMERICAN:PMI – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 37,672 shares, a decrease of 83.8% from the September 15th total of 231,853 shares. Based on an average trading volume of 113,599 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.6% of the shares of the stock are short sold.
PMI Price Performance
PMI stock traded up $1.86 during midday trading on Monday, reaching $11.34. The stock had a trading volume of 690,610 shares, compared to its average volume of 781,027. PMI has a twelve month low of $2.65 and a twelve month high of $684.00. The business has a fifty day simple moving average of $5.31 and a two-hundred day simple moving average of $16.74.
PMI (NYSEAMERICAN:PMI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The company reported ($3.05) EPS for the quarter. PMI had a negative return on equity of 825.18% and a negative net margin of 444.83%. The company had revenue of $2.95 million for the quarter. Research analysts expect that PMI will post -8.50 EPS for the current year.
About PMI
Picard Medical Inc is a medical technology company which manufactures and sells the only total artificial heart. Picard Medical Inc is based in TUCSON, Ariz.
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