Powell Max Limited (NASDAQ:PMAX) Stock Short Interest Report for September

Powell Max Limited (NASDAQ:PMAX) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 87,151 shares, a growth of 316.3% from the September 15th total of 20,936 shares. Based on an average trading volume of 6,937,684 shares, the days-to-cover ratio is currently 0.0 days. Currently, 5.1% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Powell Max in a research note on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Powell Max presently has a consensus rating of “Sell”.

Powell Max Stock Down 7.9%

Powell Max stock opened at $0.64 on Tuesday. Powell Max has a 12-month low of $0.61 and a 12-month high of $52.00. The firm’s fifty day moving average price is $1.10 and its 200 day moving average price is $1.98.

About Powell Max

Powell Max Limited (NASDAQ: PMAX) is a holding company that provides marketing and advertising services through its operating subsidiaries. The company focuses on helping clients develop and execute promotional campaigns across traditional and digital channels.

Its services include public relations, event management, digital marketing, social media marketing and related communications activities. These offerings are designed to support brand awareness, customer engagement and corporate communications.

Powell Max is based in Hong Kong and primarily serves clients in the Hong Kong market.