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

Powell Max Limited (NASDAQ:PMAX) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 77,337 shares, a decline of 33.9% from the January 29th total of 117,003 shares. Approximately 4.2% of the shares of the stock are short sold. Based on an average trading volume of 30,293 shares, the short-interest ratio is currently 2.6 days. Based on an average trading volume of 30,293 shares, the short-interest ratio is currently 2.6 days. Approximately 4.2% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Powell Max in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Powell Max presently has a consensus rating of “Sell”.

Powell Max Price Performance

Shares of NASDAQ:PMAX traded down $0.06 during trading on Friday, reaching $2.16. The company had a trading volume of 2,983 shares, compared to its average volume of 30,071. Powell Max has a 12 month low of $1.56 and a 12 month high of $8.96. The company has a fifty day moving average of $2.34 and a two-hundred day moving average of $2.41.

Powell Max Company Profile

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