Positron Corp. (OTCMKTS:POSC) Stock Short Interest Rises 387.8%

Positron Corp. (OTCMKTS:POSC) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 1,278 shares, an increase of 387.8% from the October 15th total of 262 shares. Based on an average daily volume of 11,347 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Positron Price Performance

OTCMKTS:POSC traded down $0.05 on Friday, reaching $1.64. The stock had a trading volume of 9,943 shares, compared to its average volume of 40,990. The company has a market cap of $54.28 million, a price-to-earnings ratio of -5.12 and a beta of 0.67. The firm’s fifty day moving average is $1.74 and its two-hundred day moving average is $1.82. Positron has a 12-month low of $1.27 and a 12-month high of $2.74.

Positron (OTCMKTS:POSC) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.03) 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 2,415.88% and a negative net margin of 2,279.55%.

Positron Company Profile

Positron Corporation (OTCMKTS: POSC) is a medical technology company focused on positron emission tomography (PET), a nuclear-imaging technique used to support the diagnosis and management of disease. Its activities include the development, manufacture and distribution of PET imaging systems and related products for healthcare providers. The company has emphasized cardiac PET imaging, an application that can help physicians evaluate heart function and blood flow. Positron’s product offerings have included dedicated PET equipment, such as the Attrius PET system, along with related imaging and radiopharmaceutical solutions.