Short Interest in Powell Max Limited (NASDAQ:PMAX) Declines By 99.7%

Powell Max Limited (NASDAQ:PMAX) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 47 shares, a decline of 99.7% from the December 15th total of 16,828 shares. Based on an average trading volume of 36,315 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 36,315 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Powell Max in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Powell Max Trading Up 3.4%

Shares of PMAX traded up $0.06 during mid-day trading on Monday, reaching $1.80. The company had a trading volume of 34,124 shares, compared to its average volume of 34,013. The company’s 50-day moving average is $2.15 and its 200-day moving average is $2.58. Powell Max has a twelve month low of $1.56 and a twelve month high of $18.00.

Powell Max Company Profile

Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.