Short Interest in Positron Corp. (OTCMKTS:POSC) Rises By 187.4%

Positron Corp. (OTCMKTS:POSC) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 12,836 shares, an increase of 187.4% from the July 30th total of 4,467 shares. Based on an average daily trading volume, of 49,487 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Positron Trading Up 2.4%

Shares of OTCMKTS:POSC opened at $1.68 on Friday. The stock has a 50 day moving average of $1.71 and a 200 day moving average of $1.86. The company has a market cap of $55.18 million, a PE ratio of -5.25 and a beta of 0.18. Positron has a 12-month low of $1.27 and a 12-month high of $2.74.

Positron (OTCMKTS:POSC) last released its earnings results on Friday, August 14th. The company reported ($0.03) EPS for the quarter. Positron had a negative return on equity of 2,415.88% and a negative net margin of 2,279.55%.The firm had revenue of $0.11 million for the quarter.

Positron Company Profile

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.