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

Pro Medicus Limited (OTCMKTS:PMCUF) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 899,700 shares, an increase of 40.8% from the August 15th total of 639,100 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 2,999.0 days.

Pro Medicus Price Performance

Shares of OTCMKTS PMCUF traded down $2.83 during midday trading on Monday, reaching $109.17. 1,190 shares of the company’s stock traded hands, compared to its average volume of 534. The stock’s 50 day simple moving average is $93.29 and its 200-day simple moving average is $81.61. Pro Medicus has a one year low of $44.69 and a one year high of $112.00.

About Pro Medicus

Pro Medicus Limited engages in the development and supply of healthcare imaging software and services to hospitals, diagnostic imaging groups, and other related health entities in Australia, North America, and Europe. The company offers Visage radiology information systems (RIS), a proprietary medical software for practice management, training, installation, professional services, and after-sale support and service products; and Promedicus.net, an e-health platform.