Powell Max Limited (NASDAQ:PMAX – Get Free Report) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 52,715 shares, a drop of 43.8% from the March 15th total of 93,791 shares. Based on an average trading volume of 5,270,681 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.9% of the shares of the company are short sold.
Powell Max Stock Down 1.7%
Shares of PMAX traded down $0.01 during mid-day trading on Monday, hitting $0.34. The company’s stock had a trading volume of 2,352,558 shares, compared to its average volume of 3,154,630. The firm has a 50-day simple moving average of $1.38 and a 200 day simple moving average of $2.01. Powell Max has a 1-year low of $0.28 and a 1-year high of $8.96.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Powell Max in a research report on Friday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Powell Max presently has an average rating of “Sell”.
About Powell Max
Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.
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