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

Positron Corp. (OTCMKTS:POSC) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 3,734 shares, a decrease of 70.9% from the August 15th total of 12,836 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 27,320 shares, the days-to-cover ratio is presently 0.1 days.

Positron Price Performance

Shares of POSC opened at $1.79 on Monday. The company has a 50-day simple moving average of $1.70 and a 200-day simple moving average of $1.83. Positron has a 52-week low of $1.27 and a 52-week high of $2.74. The company has a market capitalization of $58.80 million, a PE ratio of -5.59 and a beta of 0.18.

Positron (OTCMKTS:POSC) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter. Positron had a negative net margin of 2,279.55% and a negative return on equity of 2,415.88%. The company had revenue of $0.11 million for the quarter.

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.