ParkerVision, Inc. (OTCMKTS:PRKR – Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 46,345 shares, an increase of 12.6% from the March 31st total of 41,166 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 256,698 shares, the days-to-cover ratio is presently 0.2 days.
ParkerVision Stock Down 6.2%
Shares of ParkerVision stock opened at $0.21 on Friday. The company has a market cap of $31.57 million, a PE ratio of -3.57 and a beta of 2.51. The business has a 50 day moving average price of $0.25 and a 200-day moving average price of $0.24. ParkerVision has a 52 week low of $0.18 and a 52 week high of $0.56.
About ParkerVision
ParkerVision, Inc, headquartered in Sarasota, Florida, is a development‐stage company specializing in advanced wireless broadband and mobile communication technologies. The company’s core innovation is its PowerLine digital front‐end architecture, designed to streamline receiver design, lower power consumption and reduce component counts in mobile handsets, tablets and other wireless devices. By leveraging a software‐defined radio approach, ParkerVision’s solutions can support multiple air‐interface standards on a single hardware platform.
The company’s business model is centered on the licensing and enforcement of its intellectual property portfolio.
Further Reading
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