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

Positron Corp. (OTCMKTS:POSC) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 724 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 53,982 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Positron Trading Down 2.2%

Shares of Positron stock traded down $0.04 on Tuesday, reaching $1.75. 3,450 shares of the company were exchanged, compared to its average volume of 61,999. The company has a market capitalization of $57.49 million, a price-to-earnings ratio of -5.30 and a beta of 0.14. The company has a 50-day moving average of $1.84 and a 200 day moving average of $1.83. Positron has a one year low of $1.27 and a one year high of $2.74.

Positron (OTCMKTS:POSC) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.04) EPS for the quarter. The firm 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 996.81%.

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.