Powell Max Limited (NASDAQ:PMAX – Get Free Report) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 117,003 shares, a drop of 25.2% from the January 15th total of 156,383 shares. Currently, 6.4% of the company’s shares are short sold. Based on an average daily trading volume, of 85,700 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily trading volume, of 85,700 shares, the days-to-cover ratio is currently 1.4 days. Currently, 6.4% of the company’s shares are short sold.
Powell Max Price Performance
Shares of NASDAQ:PMAX traded up $0.11 during trading on Friday, reaching $2.42. 53,935 shares of the stock were exchanged, compared to its average volume of 55,693. Powell Max has a 1-year low of $1.56 and a 1-year high of $8.96. The stock has a fifty day moving average of $2.37 and a two-hundred day moving average of $2.45.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Powell Max in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Powell Max currently has a consensus rating of “Sell”.
About Powell Max
Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.
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