Spectral Medical Inc. (OTCMKTS:EDTXF) Short Interest Update

Spectral Medical Inc. (OTCMKTS:EDTXF) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 72,400 shares, a growth of 24.8% from the January 31st total of 58,000 shares. Based on an average daily trading volume, of 17,600 shares, the short-interest ratio is presently 4.1 days.

Spectral Medical Stock Down 2.4 %

OTCMKTS:EDTXF traded down $0.01 during trading hours on Wednesday, hitting $0.51. 33,500 shares of the company’s stock traded hands, compared to its average volume of 12,376. Spectral Medical has a 52 week low of $0.29 and a 52 week high of $0.55. The business’s fifty day simple moving average is $0.40 and its two-hundred day simple moving average is $0.42. The firm has a market cap of $145.22 million, a P/E ratio of -7.29 and a beta of 0.87.

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.