Short Interest in Plaintree Systems Inc. (OTCMKTS:PTEEF) Declines By 67.2%

Plaintree Systems Inc. (OTCMKTS:PTEEF) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 2,154 shares, a drop of 67.2% from the March 31st total of 6,560 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,020 shares, the short-interest ratio is currently 1.1 days.

Plaintree Systems Stock Performance

OTCMKTS:PTEEF opened at $0.03 on Friday. The company has a market capitalization of $384,021.00, a P/E ratio of -0.25 and a beta of 0.40. The company has a current ratio of 1.63, a quick ratio of 0.93 and a debt-to-equity ratio of 0.11. Plaintree Systems has a 12 month low of $0.03 and a 12 month high of $0.07. The firm has a fifty day simple moving average of $0.04 and a 200-day simple moving average of $0.04.

Plaintree Systems (OTCMKTS:PTEEF) last released its earnings results on Friday, February 27th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $2.61 million during the quarter. Plaintree Systems had a negative net margin of 3.96% and a negative return on equity of 682.73%.

Plaintree Systems Company Profile

Plaintree Systems Inc designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, and internationally. The company manufactures avionic components for various applications, including aircraft antiskid braking, aircraft indicators, solenoids, and permanent magnet alternators; and operates as a design/build manufacturer of steel, aluminum, and stainless-steel specialty structures comprising commercial domes, free form structures, barrel vaults, space frames, and industrial dome coverings.