Short Interest in Paragon Technologies Inc. (OTCMKTS:PGNT) Declines By 48.4%

Paragon Technologies Inc. (OTCMKTS:PGNT) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 64 shares, a decline of 48.4% from the August 15th total of 124 shares. Based on an average daily volume of 866 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Paragon Technologies Stock Performance

Shares of OTCMKTS PGNT opened at $4.45 on Tuesday. Paragon Technologies has a 1 year low of $4.19 and a 1 year high of $5.40. The firm’s 50 day moving average price is $4.64 and its 200 day moving average price is $4.84. The firm has a market cap of $7.83 million, a P/E ratio of -6.18 and a beta of 0.21.

Paragon Technologies (OTCMKTS:PGNT) last released its earnings results on Wednesday, August 12th. The company reported $0.05 EPS for the quarter. The business had revenue of $33.36 million during the quarter.

About Paragon Technologies

Paragon Technologies, Inc, together with its subsidiaries, engages in the automation, distribution, and real estate activities in North America, Latin America, Europe, and Asia. It offers various systems, software and services, including complete order fulfillment, assembly, product advancing systems, productivity, production and order fulfillment accuracy, and safety enhancements for automated material handling and order processing applications to distribution centers, manufacturers, and warehouses.