Short Interest in Plaintree Systems Inc. (OTCMKTS:PTEEF) Decreases By 12.2%

Plaintree Systems Inc. (OTCMKTS:PTEEF) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 14,436 shares, a decrease of 12.2% from the December 31st total of 16,436 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 4,020 shares, the short-interest ratio is currently 3.6 days. Based on an average trading volume of 4,020 shares, the short-interest ratio is currently 3.6 days. Currently, 0.1% of the shares of the stock are sold short.

Plaintree Systems Stock Up 14.3%

PTEEF opened at $0.04 on Tuesday. The company has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.04. The firm has a market capitalization of $526,251.00, a P/E ratio of -0.41 and a beta of 0.39. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.36 and a quick ratio of 0.94. Plaintree Systems has a one year low of $0.03 and a one year high of $0.07.

Plaintree Systems (OTCMKTS:PTEEF) last posted its earnings results on Friday, November 14th. The company reported ($0.01) EPS for the quarter. Plaintree Systems had a negative return on equity of 242.90% and a negative net margin of 1.53%.The business had revenue of $3.41 million for the quarter.

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.