Positron Corp. (OTCMKTS:POSC) Sees Large Increase in Short Interest

Positron Corp. (OTCMKTS:POSC) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 4,467 shares, an increase of ∞ from the July 15th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 16,580 shares, the short-interest ratio is currently 0.3 days.

Positron Stock Performance

Shares of OTCMKTS:POSC traded down $0.07 during trading on Monday, hitting $1.74. 2,366 shares of the stock were exchanged, compared to its average volume of 50,765. The company has a market capitalization of $57.15 million, a price-to-earnings ratio of -5.44 and a beta of 0.18. Positron has a 1-year low of $1.27 and a 1-year high of $2.74. The company’s fifty day simple moving average is $1.73 and its 200-day simple moving average is $1.87.

Positron (OTCMKTS:POSC) last issued its earnings results on Friday, August 14th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $0.11 million during the quarter. Positron had a negative net margin of 2,279.55% and a negative return on equity of 1,300.21%.

Positron Company Profile

Positron Corporation, a nuclear medicine healthcare company, specializes in the business of cardiac positron emission tomography (PET) imaging in the United States. It offers attrius PET scanner, clinical and technical services, and financing solutions enables healthcare providers to accurately diagnose cardiac disease, improve patient outcomes, and practice cost effective medicines. Positron Corporation was incorporated in 1983 and is based in Niagara Falls, New York.