Positron Corp. (OTCMKTS:POSC) Short Interest Down 93.9% in June

Positron Corp. (OTCMKTS:POSC) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 44 shares, a drop of 93.9% from the May 31st total of 724 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 36,267 shares, the days-to-cover ratio is currently 0.0 days.

Positron Stock Performance

Shares of OTCMKTS:POSC remained flat at $1.85 during trading on Friday. 27,900 shares of the stock traded hands, compared to its average volume of 25,896. The business’s 50-day simple moving average is $1.83 and its two-hundred day simple moving average is $1.84. Positron has a 52-week low of $1.27 and a 52-week high of $2.74. The stock has a market capitalization of $60.77 million, a P/E ratio of -5.61 and a beta of 0.14.

Positron (OTCMKTS:POSC) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $0.11 million for the quarter. Positron had a negative return on equity of 996.81% and a negative net margin of 1,996.75%.

Positron Company Profile

Positron Corporation, a nuclear medicine healthcare company, specializes in the business of cardiac positron emission tomography (PET) imaging in the United States. It offers attrius PET scanner, clinical and technical services, and financing solutions enables healthcare providers to accurately diagnose cardiac disease, improve patient outcomes, and practice cost effective medicines. Positron Corporation was incorporated in 1983 and is based in Niagara Falls, New York.