Powell Max Limited (NASDAQ:PMAX) Short Interest Update

Powell Max Limited (NASDAQ:PMAX) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 258,845 shares, an increase of 391.0% from the March 31st total of 52,715 shares. Based on an average trading volume of 12,595,220 shares, the short-interest ratio is presently 0.0 days. Approximately 143.8% of the shares of the company are sold short.

Powell Max Trading Down 6.3%

PMAX stock opened at $2.38 on Friday. The company’s 50 day simple moving average is $9.19 and its 200-day simple moving average is $18.75. Powell Max has a 12 month low of $2.00 and a 12 month high of $89.60.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Powell Max in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

About Powell Max

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