PMI (NYSEAMERICAN:PMI) Short Interest Update

PMI (NYSEAMERICAN:PMIGet Free Report) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 1,110,773 shares, a growth of 86.9% from the April 15th total of 594,449 shares. Based on an average trading volume of 3,055,241 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.5% of the company’s stock are short sold.

PMI Price Performance

Shares of NYSEAMERICAN:PMI traded down $0.01 on Friday, hitting $0.16. 989,173 shares of the company traded hands, compared to its average volume of 3,999,103. PMI has a 52 week low of $0.16 and a 52 week high of $13.68. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.11 and a quick ratio of 0.72. The business has a 50 day moving average price of $0.84.

PMI (NYSEAMERICAN:PMIGet Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $1.15 million during the quarter.

About PMI

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Picard Medical Inc is a medical technology company which manufactures and sells the only total artificial heart. Picard Medical Inc is based in TUCSON, Ariz.

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