Powell Max Limited (NASDAQ:PMAX) Short Interest Update

Powell Max Limited (NASDAQ:PMAX) was the target of 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. Currently, 2.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,270,681 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Powell Max in a report on Friday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Powell Max Stock Performance

PMAX stock traded down $0.01 during midday trading on Monday, hitting $0.34. 2,352,558 shares of the stock were exchanged, compared to its average volume of 3,154,630. The stock’s 50-day moving average price is $1.38 and its 200-day moving average price is $2.01. Powell Max has a fifty-two week low of $0.28 and a fifty-two week high of $8.96.

Powell Max Company Profile

Powell Max Limited is a financial communications services provider. Powell Max Limited is based in JERSEY CITY, N.J.