Primech Holdings Ltd. (NASDAQ:PMEC) Sees Significant Decrease in Short Interest

Posted by James Quigley on Oct 11th, 2026

Primech Holdings Ltd. (NASDAQ:PMEC – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 13,730 shares, a drop of 84.3% from the September 15th total of 87,674 shares. Based on an average daily trading volume, of 177,989 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Primech Stock Up 6.3%

Shares of Primech stock traded up $0.03 on Friday, hitting $0.57. The stock had a trading volume of 11,431 shares, compared to its average volume of 348,561. The stock has a 50 day moving average of $0.51 and a 200 day moving average of $0.61. Primech has a twelve month low of $0.31 and a twelve month high of $2.44. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.36 and a current ratio of 1.36.

Primech (NASDAQ:PMEC – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported ($0.02) EPS for the quarter. The company had revenue of $19.97 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Primech from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, August 14th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Primech presently has an average rating of “Sell”.

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Primech Company Profile

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Primech Holdings Limited (NASDAQ: PMEC) is a facilities services company that provides integrated building maintenance and support services. Through its operating subsidiaries, the company helps organizations manage the day-to-day upkeep, cleanliness and functionality of their properties.

Its services include janitorial and cleaning operations, facility maintenance, staffing and other related support activities. Primech serves a range of customers and facilities, including commercial properties, industrial sites and public-sector locations, offering services that can be delivered as part of an integrated facilities management program.

The company is primarily focused on the Israeli market.