Powell Max Limited (NASDAQ:PMAX) Stock Short Interest Report for September

Powell Max Limited (NASDAQ:PMAX) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 87,151 shares, a growth of 316.3% from the September 15th total of 20,936 shares. Currently, 5.1% of the company’s shares are short sold. Based on an average daily volume of 6,937,684 shares, the days-to-cover ratio is currently 0.0 days.

Powell Max Price Performance

Shares of Powell Max stock traded down $0.05 during midday trading on Monday, reaching $0.64. 149,109 shares of the company’s stock traded hands, compared to its average volume of 1,177,319. The stock has a 50 day moving average of $1.13 and a 200-day moving average of $2.01. Powell Max has a 12 month low of $0.61 and a 12 month high of $52.00.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Powell Max in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Powell Max presently has an average rating of “Sell”.

About Powell Max

Powell Max Limited (NASDAQ: PMAX) is a holding company that provides marketing and advertising services through its operating subsidiaries. The company focuses on helping clients develop and execute promotional campaigns across traditional and digital channels.

Its services include public relations, event management, digital marketing, social media marketing and related communications activities. These offerings are designed to support brand awareness, customer engagement and corporate communications.

Powell Max is based in Hong Kong and primarily serves clients in the Hong Kong market.