Powerlaw Corp (NASDAQ:PWRL – Get Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 29,852 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 258,475 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.
Powerlaw Stock Up 6.0%
PWRL stock traded up $1.05 during mid-day trading on Monday, reaching $18.59. 250,095 shares of the stock traded hands, compared to its average volume of 480,428. Powerlaw has a 52-week low of $16.61 and a 52-week high of $40.00.
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