PMI (NYSEAMERICAN:PMI) Short Interest Update

PMI (NYSEAMERICAN:PMIGet Free Report) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 1,110,773 shares, an increase of 86.9% from the April 15th total of 594,449 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average trading volume of 3,055,241 shares, the days-to-cover ratio is currently 0.4 days.

PMI Price Performance

Shares of PMI stock traded down $0.01 during midday trading on Friday, reaching $0.16. 989,173 shares of the company’s stock traded hands, compared to its average volume of 3,999,103. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 0.01. The company’s 50 day moving average is $0.84. PMI has a 12 month low of $0.16 and a 12 month high of $13.68.

PMI (NYSEAMERICAN:PMIGet Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $1.15 million during the quarter.

About PMI

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Picard Medical Inc is a medical technology company which manufactures and sells the only total artificial heart. Picard Medical Inc is based in TUCSON, Ariz.

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