Short Interest in Spectral Medical Inc. (OTCMKTS:EDTXF) Declines By 13.7%

Spectral Medical Inc. (OTCMKTS:EDTXF) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 58,000 shares, a decrease of 13.7% from the January 15th total of 67,200 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is currently 10.5 days.

Spectral Medical Stock Performance

EDTXF stock traded up $0.02 during midday trading on Friday, hitting $0.45. The company’s stock had a trading volume of 15,009 shares, compared to its average volume of 3,488. Spectral Medical has a 12 month low of $0.29 and a 12 month high of $0.55. The firm’s 50-day moving average is $0.37 and its 200-day moving average is $0.42.

About Spectral Medical

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.