Positron Corp. (OTCMKTS:POSC) Shares Shorted: Short Interest Down 97.1% in October

Positron Corp. (OTCMKTS:POSC) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 262 shares, a drop of 97.1% from the September 30th total of 9,086 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 32,692 shares, the days-to-cover ratio is presently 0.0 days.

Positron Trading Up 1.5%

OTCMKTS POSC traded up $0.03 during trading hours on Monday, hitting $1.70. 215 shares of the company’s stock traded hands, compared to its average volume of 16,183. The business’s fifty day moving average price is $1.74 and its two-hundred day moving average price is $1.82. The firm has a market capitalization of $56.27 million, a P/E ratio of -5.31 and a beta of 0.53. Positron has a 52 week low of $1.27 and a 52 week high of $2.74.

Positron (OTCMKTS:POSC) last announced its earnings results on Friday, August 14th. The company reported ($0.03) EPS for the quarter. Positron had a negative net margin of 2,279.55% and a negative return on equity of 2,415.88%. The business had revenue of $0.11 million for the quarter.

About Positron

Positron Corporation (OTCMKTS: POSC) is a medical technology company focused on positron emission tomography (PET), a nuclear-imaging technique used to support the diagnosis and management of disease. Its activities include the development, manufacture and distribution of PET imaging systems and related products for healthcare providers.

The company has emphasized cardiac PET imaging, an application that can help physicians evaluate heart function and blood flow. Positron’s product offerings have included dedicated PET equipment, such as the Attrius PET system, along with related imaging and radiopharmaceutical solutions.