Short Interest in Spectral Medical Inc. (OTCMKTS:EDTXF) Declines By 23.0%

Spectral Medical Inc. (OTCMKTS:EDTXF) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 58,300 shares, a drop of 23.0% from the November 15th total of 75,700 shares. Based on an average daily volume of 11,900 shares, the days-to-cover ratio is presently 4.9 days.

Spectral Medical Stock Down 4.9 %

Shares of OTCMKTS:EDTXF traded down $0.02 during trading on Friday, reaching $0.35. The company’s stock had a trading volume of 3,100 shares, compared to its average volume of 16,974. The firm’s 50 day simple moving average is $0.41 and its two-hundred day simple moving average is $0.42. Spectral Medical has a 12 month low of $0.28 and a 12 month high of $0.55.

Spectral Medical Company Profile

Spectral Medical Inc focuses on the development and commercialization of products for the treatment of septic shock in the United States, Italy, Ireland, and internationally. The company markets Endotoxin Activity Assay, a rapid in vitro diagnostic test for the detection of components of gram negative bacterial cell wall; and Polymyxin B Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream.