Paragon Technologies Inc. (OTCMKTS:PGNT) Short Interest Down 48.4% in August

Paragon Technologies Inc. (OTCMKTS:PGNT) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 64 shares, a decline of 48.4% from the August 15th total of 124 shares. Based on an average daily trading volume, of 866 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Paragon Technologies Stock Performance

Shares of PGNT stock opened at $4.45 on Tuesday. The company has a market cap of $7.83 million, a PE ratio of -6.18 and a beta of 0.21. The company’s fifty day simple moving average is $4.64 and its 200-day simple moving average is $4.84. Paragon Technologies has a 52 week low of $4.19 and a 52 week high of $5.40.

Paragon Technologies (OTCMKTS:PGNT) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.05 earnings per share for the quarter. The business had revenue of $33.36 million for the quarter.

About Paragon Technologies

Paragon Technologies, Inc, together with its subsidiaries, engages in the automation, distribution, and real estate activities in North America, Latin America, Europe, and Asia. It offers various systems, software and services, including complete order fulfillment, assembly, product advancing systems, productivity, production and order fulfillment accuracy, and safety enhancements for automated material handling and order processing applications to distribution centers, manufacturers, and warehouses.