Positron Corp. (OTCMKTS:POSC) Stock Short Interest Jumps 53.6%

Positron Corp. (OTCMKTS:POSC) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 5,736 shares, a growth of 53.6% from the August 31st total of 3,734 shares. Based on an average daily volume of 33,173 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Positron Stock Down 1.5%

POSC opened at $1.76 on Friday. Positron has a 52 week low of $1.27 and a 52 week high of $2.74. The business has a fifty day simple moving average of $1.73 and a 200-day simple moving average of $1.79. The firm has a market cap of $58.42 million, a P/E ratio of -5.52 and a beta of 0.53.

Positron (OTCMKTS:POSC) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter. Positron had a negative net margin of 2,279.55% and a negative return on equity of 2,415.88%. The firm had revenue of $0.11 million during the quarter.

About Positron

Positron Corporation is a medical technology company focused on positron emission tomography (PET), an imaging technique used to evaluate physiological activity in the body. The company’s business has centered on developing, manufacturing and commercializing PET imaging systems and related technologies for healthcare providers.

Positron has also been associated with radiopharmaceutical products and services that support PET procedures, as well as the installation, maintenance and servicing of imaging equipment.