Positron Corp. (OTCMKTS:POSC) Sees Significant Growth in Short Interest

Positron Corp. (OTCMKTS:POSC) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,244 shares, an increase of ∞ from the April 15th total of 0 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 80,073 shares, the days-to-cover ratio is currently 0.0 days.

Positron Stock Down 9.5%

Positron stock opened at $1.76 on Tuesday. The stock has a market cap of $57.81 million, a P/E ratio of -5.33 and a beta of 0.15. Positron has a twelve month low of $1.25 and a twelve month high of $2.74. The company’s 50-day moving average price is $1.88 and its two-hundred day moving average price is $1.79.

Positron (OTCMKTS:POSC) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $0.11 million during the quarter. Positron had a negative net margin of 1,996.75% and a negative return on equity of 777.40%.

About Positron

Positron Corporation, a nuclear medicine healthcare company, specializes in the business of cardiac positron emission tomography (PET) imaging in the United States. It offers attrius PET scanner, clinical and technical services, and financing solutions enables healthcare providers to accurately diagnose cardiac disease, improve patient outcomes, and practice cost effective medicines. Positron Corporation was incorporated in 1983 and is based in Niagara Falls, New York.