Spectral Medical Inc. (OTCMKTS:EDTXF) Short Interest Down 23.0% in November

Spectral Medical Inc. (OTCMKTS:EDTXF) was the target of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 58,300 shares, a decline of 23.0% from the November 15th total of 75,700 shares. Based on an average daily trading volume, of 11,900 shares, the short-interest ratio is presently 4.9 days.

Spectral Medical Trading Down 4.9 %

Shares of EDTXF traded down $0.02 during mid-day trading on Friday, reaching $0.35. 3,100 shares of the company’s stock traded hands, compared to its average volume of 16,974. The stock’s 50-day moving average is $0.41 and its two-hundred day moving average is $0.42. Spectral Medical has a 12 month low of $0.28 and a 12 month high of $0.55.

About Spectral Medical

Spectral Medical Inc focuses on the development and commercialization of products for the treatment of septic shock in the United States, Italy, Ireland, and internationally. The company markets Endotoxin Activity Assay, a rapid in vitro diagnostic test for the detection of components of gram negative bacterial cell wall; and Polymyxin B Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream.