Powell Max Limited (NASDAQ:PMAX) Sees Large Growth in Short Interest

Powell Max Limited (NASDAQ:PMAXGet Free Report) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 156,383 shares, a growth of 332,629.8% from the December 31st total of 47 shares. Currently, 8.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,886,352 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 1,886,352 shares, the short-interest ratio is presently 0.1 days. Currently, 8.5% of the company’s stock are sold short.

Powell Max Stock Performance

Shares of PMAX remained flat at $2.52 during midday trading on Tuesday. The stock had a trading volume of 14,765 shares, compared to its average volume of 1,049,754. Powell Max has a 12-month low of $1.56 and a 12-month high of $8.96. The company’s 50-day moving average is $2.22 and its two-hundred day moving average is $2.50.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Powell Max in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Read Our Latest Research Report on PMAX

Powell Max Company Profile

(Get Free Report)

Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.

Recommended Stories

Receive News & Ratings for Powell Max Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Powell Max and related companies with MarketBeat.com's FREE daily email newsletter.