Pacific Health Care Organization Inc. (OTCMKTS:PFHO) Sees Significant Increase in Short Interest

Pacific Health Care Organization Inc. (OTCMKTS:PFHO) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 1,172 shares, a growth of 965.5% from the September 30th total of 110 shares. Based on an average daily trading volume, of 8,837 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Pacific Health Care Organization Stock Performance

Shares of OTCMKTS:PFHO remained flat at $0.94 during midday trading on Wednesday. The company had a trading volume of 6,000 shares. The company’s fifty day moving average is $0.98 and its 200 day moving average is $1.06. The firm has a market capitalization of $12.03 million, a PE ratio of 10.45 and a beta of 0.17. Pacific Health Care Organization has a twelve month low of $0.80 and a twelve month high of $1.36.

About Pacific Health Care Organization

Pacific Health Care Organization, Inc provides medical cost-containment and related administrative services for the workers’ compensation industry. The company helps insurers, self-insured employers, third-party administrators and other payers manage the cost and administration of workplace injury claims.

Its services have included medical bill review, utilization review, preferred-provider network access, claims and case-management support, and assistance with resolving medical-legal and workers’ compensation payment issues.