Powell Max Limited (NASDAQ:PMAX) Short Interest Down 14.7% in February

Powell Max Limited (NASDAQ:PMAX) was the recipient of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 65,952 shares, a decline of 14.7% from the February 12th total of 77,337 shares. Based on an average daily volume of 9,775 shares, the days-to-cover ratio is currently 6.7 days. Approximately 3.6% of the shares of the company are sold short. Approximately 3.6% of the shares of the company are sold short. Based on an average daily volume of 9,775 shares, the days-to-cover ratio is currently 6.7 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Powell Max in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Powell Max has an average rating of “Sell”.

Powell Max Trading Down 0.7%

Powell Max stock opened at $0.59 on Monday. Powell Max has a 52 week low of $0.59 and a 52 week high of $8.96. The business’s 50-day simple moving average is $2.14 and its 200-day simple moving average is $2.30.

About Powell Max

Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.