eMagin Co. (EMAN) Short Interest Down 12.1% in April
eMagin Co. (NYSEAMERICAN:EMAN) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totalling 432,677 shares, a decline of 12.1% from the April 15th total of 491,980 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average daily volume of 43,786 shares, the days-to-cover ratio is currently 9.9 days.
EMAN has been the subject of a number of research analyst reports. Zacks Investment Research upgraded eMagin from a “hold” rating to a “buy” rating and set a $1.00 target price for the company in a report on Monday, January 28th. HC Wainwright set a $2.00 price objective on eMagin and gave the company a “buy” rating in a report on Monday, April 22nd.
NYSEAMERICAN EMAN opened at $0.54 on Wednesday. eMagin has a 52 week low of $0.48 and a 52 week high of $1.95.
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eMagin Company Profile
eMagin Corporation designs, develops, manufactures, and markets organic light emitting diode (OLED) displays on-silicon micro displays; virtual imaging products that utilize OLED micro displays; and related products. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS and OLED-XL; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL/XLS.
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