Short Interest in Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) Declines By 16.7%

Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 1,000 shares, a decline of 16.7% from the December 31st total of 1,200 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 0.2 days.

Pacific Health Care Organization Price Performance

Pacific Health Care Organization stock traded down $0.02 during trading hours on Friday, hitting $0.72. The company had a trading volume of 630 shares, compared to its average volume of 1,771. The company has a 50-day moving average price of $0.77 and a two-hundred day moving average price of $0.81. Pacific Health Care Organization has a 1 year low of $0.51 and a 1 year high of $0.99.

Pacific Health Care Organization (OTCMKTS:PFHO) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.01 earnings per share (EPS) for the quarter. Pacific Health Care Organization had a return on equity of 7.83% and a net margin of 14.16%. The firm had revenue of $1.53 million during the quarter.

Pacific Health Care Organization Company Profile

Pacific Health Care Organization, Inc, together with its subsidiaries, operates as a specialty workers' compensation cost containment company in the United States. It is involved in managing and administering health care organizations (HCOs) and medical provider networks (MPNs). The company also provides claims-related services, including utilization review, medical case management, medical bill review, employee advocate services, workers' compensation carve-outs, expert witness testimony, and Medicare set-aside services.