Short Interest in Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) Grows By 580.0%

Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 3,400 shares, an increase of 580.0% from the February 28th total of 500 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 2.3 days.

Pacific Health Care Organization Trading Down 2.7 %

Shares of PFHO traded down $0.02 during mid-day trading on Wednesday, hitting $0.71. The company’s stock had a trading volume of 945 shares, compared to its average volume of 4,129. The firm has a market capitalization of $9.09 million, a price-to-earnings ratio of 10.14 and a beta of 0.05. The company’s 50-day moving average is $0.72 and its 200-day moving average is $0.78. Pacific Health Care Organization has a 52-week low of $0.51 and a 52-week high of $0.99.

Pacific Health Care Organization (OTCMKTS:PFHO) last announced its earnings results on Wednesday, March 19th. The company reported $0.02 EPS for the quarter. The business had revenue of $1.54 million during the quarter. Pacific Health Care Organization had a net margin of 14.16% and a return on equity of 7.83%.

Pacific Health Care Organization Company Profile

Pacific Health Care Organization, Inc, together with its subsidiaries, operates as a specialty workers' compensation cost containment company in the United States. It is involved in managing and administering health care organizations (HCOs) and medical provider networks (MPNs). The company also provides claims-related services, including utilization review, medical case management, medical bill review, employee advocate services, workers' compensation carve-outs, expert witness testimony, and Medicare set-aside services.