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

Positron Corp. (OTCMKTS:POSC) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 3,734 shares, a decline of 70.9% from the August 15th total of 12,836 shares. Based on an average trading volume of 27,320 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Positron Stock Performance

Shares of POSC remained flat at $1.79 during trading hours on Friday. 20,665 shares of the stock were exchanged, compared to its average volume of 15,587. The stock has a 50-day moving average of $1.70 and a two-hundred day moving average of $1.84. The stock has a market capitalization of $58.79 million, a price-to-earnings ratio of -5.59 and a beta of 0.18. Positron has a 1 year low of $1.27 and a 1 year high of $2.74.

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

About Positron

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.