DATATRAK International, Inc. (OTCMKTS:DTRK) Sees Large Increase in Short Interest

DATATRAK International, Inc. (OTCMKTS:DTRK) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 3,000 shares, a growth of 2,900.0% from the September 15th total of 100 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 1.9 days.

DTRK opened at $9.51 on Thursday. The business has a 50 day simple moving average of $15.52 and a 200-day simple moving average of $9.90. The stock has a market capitalization of $23.05 million, a P/E ratio of 59.44 and a beta of 1.29. DATATRAK International has a 12 month low of $3.50 and a 12 month high of $30.00.

DATATRAK International (OTCMKTS:DTRK) last posted its quarterly earnings results on Friday, August 13th. The company reported $0.21 EPS for the quarter. The business had revenue of $1.60 million during the quarter. DATATRAK International had a return on equity of 27.45% and a net margin of 5.91%.

DATATRAK International Company Profile

DATATRAK International, Inc is a technology and services company, which delivers global eClinical solutions for the clinical trials industry. Its services support clients in the clinical pharmaceutical, biotechnology, contract research organization, academic research organizations and medical device research industries.

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