PMI (NYSEAMERICAN:PMI – Get Free Report) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 37,672 shares, a decrease of 83.8% from the September 15th total of 231,853 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 113,599 shares, the short-interest ratio is presently 0.3 days.
PMI Trading Down 2.1%
PMI stock traded down $0.20 during mid-day trading on Friday, hitting $9.48. The company had a trading volume of 299,400 shares, compared to its average volume of 320,984. PMI has a 12 month low of $2.65 and a 12 month high of $684.00. The stock’s 50 day moving average price is $5.31 and its two-hundred day moving average price is $17.30.
PMI (NYSEAMERICAN:PMI – Get Free Report) last posted its earnings results on Wednesday, August 19th. The company reported ($3.05) EPS for the quarter. The business had revenue of $2.95 million during the quarter. PMI had a negative return on equity of 825.18% and a negative net margin of 444.83%. As a group, equities analysts predict that PMI will post -8.50 earnings per share for the current fiscal year.
About PMI
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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