Powell Max Limited (NASDAQ:PMAX) Short Interest Update

Powell Max Limited (NASDAQ:PMAX) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 65,952 shares, a decline of 14.7% from the February 12th total of 77,337 shares. Based on an average daily volume of 9,775 shares, the days-to-cover ratio is presently 6.7 days. Currently, 3.6% of the company’s stock are sold short. Currently, 3.6% of the company’s stock are sold short. Based on an average daily volume of 9,775 shares, the days-to-cover ratio is presently 6.7 days.

Powell Max Trading Down 18.3%

Powell Max stock traded down $0.09 during mid-day trading on Wednesday, hitting $0.39. 1,205,280 shares of the company’s stock were exchanged, compared to its average volume of 1,076,171. Powell Max has a 1-year low of $0.37 and a 1-year high of $8.96. The stock has a 50 day moving average of $2.09 and a two-hundred day moving average of $2.27.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Powell Max in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Powell Max currently has a consensus rating of “Sell”.

Powell Max Company Profile

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