Pacific Health Care Organization Inc. (OTCMKTS:PFHO) Sees Large Growth in Short Interest

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

Pacific Health Care Organization Price Performance

PFHO stock traded up $0.01 during mid-day trading on Monday, reaching $0.94. The company had a trading volume of 6,000 shares, compared to its average volume of 2,433. The company has a market capitalization of $12.03 million, a PE ratio of 10.45 and a beta of 0.17. The firm has a 50 day moving average of $0.98 and a 200 day moving average of $1.07. Pacific Health Care Organization has a 12 month low of $0.80 and a 12 month high of $1.36.

Pacific Health Care Organization Company Profile

Pacific Health Care Organization, Inc (OTCMKTS:PFHO) provides medical cost-containment and managed-care services for the workers’ compensation industry. The company helps employers, insurance carriers, and third-party administrators manage medical claims and control related expenses.

Its services include utilization review, which evaluates the medical necessity and appropriateness of proposed treatment; medical bill review; nurse case management; and access to preferred-provider networks.