Short Interest in Plaintree Systems Inc. (OTCMKTS:PTEEF) Drops By 76.8%

Plaintree Systems Inc. (OTCMKTS:PTEEF) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 500 shares, a decrease of 76.8% from the April 15th total of 2,154 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Plaintree Systems Stock Performance

Shares of PTEEF stock remained flat at $0.03 on Wednesday. Plaintree Systems has a 52-week low of $0.03 and a 52-week high of $0.07. The stock has a market capitalization of $384,021.00, a price-to-earnings ratio of -0.25 and a beta of 0.17. The stock has a 50-day simple moving average of $0.03 and a 200 day simple moving average of $0.04. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.93 and a current ratio of 1.63.

Plaintree Systems (OTCMKTS:PTEEF) last issued its quarterly earnings data on Friday, February 27th. The company reported ($0.04) EPS for the quarter. Plaintree Systems had a negative return on equity of 682.73% and a negative net margin of 3.96%.The firm had revenue of $2.61 million for the quarter.

About Plaintree Systems

Plaintree Systems Inc designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, and internationally. The company manufactures avionic components for various applications, including aircraft antiskid braking, aircraft indicators, solenoids, and permanent magnet alternators; and operates as a design/build manufacturer of steel, aluminum, and stainless-steel specialty structures comprising commercial domes, free form structures, barrel vaults, space frames, and industrial dome coverings.