Short Interest in Powell Max Limited (NASDAQ:PMAX) Expands By 42.2%

Powell Max Limited (NASDAQ:PMAX) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 93,791 shares, an increase of 42.2% from the February 26th total of 65,952 shares. Approximately 5.1% of the shares of the stock are short sold. Based on an average daily volume of 187,845 shares, the days-to-cover ratio is presently 0.5 days.

Powell Max Stock Performance

Powell Max stock traded up $0.00 during mid-day trading on Friday, reaching $0.34. The company had a trading volume of 180,863 shares, compared to its average volume of 3,301,206. The business has a fifty day simple moving average of $1.82 and a 200 day simple moving average of $2.16. Powell Max has a fifty-two week low of $0.33 and a fifty-two week high of $8.96.

Analyst Upgrades and Downgrades

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

Powell Max Company Profile

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