Pro Medicus Limited (OTCMKTS:PMCUF) Sees Significant Growth in Short Interest

Pro Medicus Limited (OTCMKTS:PMCUF – Get Rating) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 35,500 shares, a growth of 28.2% from the May 15th total of 27,700 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 44.4 days.

Pro Medicus stock traded up $0.17 during midday trading on Thursday, hitting $27.50. 200 shares of the company’s stock were exchanged, compared to its average volume of 1,073. Pro Medicus has a 12-month low of $27.00 and a 12-month high of $48.81. The firm’s 50 day simple moving average is $31.57 and its 200 day simple moving average is $34.51.

Pro Medicus Company Profile (Get Rating)

Pro Medicus Limited develops and supplies healthcare imaging software and services to hospitals, diagnostic imaging groups, and other related health entities in Australia, North America, and Europe. It provides Radiology Information Systems (RIS) proprietary medical software for practice management. The company also offers Healthcare imaging software that provides radiologists and clinicians with visualization capability for viewing 2-D, 3-D, and 4-D medical images, as well as picture archive and communication system (PACS)/digital imaging software; Promedicus.net., an e-health platform; and integration products.

Further Reading

• Get a free copy of the StockNews.com research report on Pro Medicus (PMCUF)
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