Powell Max Limited (NASDAQ:PMAX) Short Interest Update

Powell Max Limited (NASDAQ:PMAX) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 93,791 shares, an increase of 42.2% from the February 26th total of 65,952 shares. Based on an average daily volume of 187,845 shares, the short-interest ratio is currently 0.5 days. Currently, 5.1% of the company’s shares are short sold.

Powell Max Price Performance

PMAX traded up $0.00 during mid-day trading on Friday, hitting $0.34. 180,863 shares of the stock were exchanged, compared to its average volume of 3,301,206. The firm’s fifty day moving average is $1.82 and its two-hundred day moving average is $2.16. Powell Max has a 1-year low of $0.33 and a 1-year high of $8.96.

Analyst Ratings Changes

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