Spectral Medical Inc. (OTCMKTS:EDTXF) Short Interest Up 12.3% in June

Spectral Medical Inc. (OTCMKTS:EDTXF) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 86,600 shares, a growth of 12.3% from the May 31st total of 77,100 shares. Based on an average trading volume of 10,700 shares, the short-interest ratio is currently 8.1 days.

Spectral Medical Stock Performance

Shares of EDTXF stock opened at $0.36 on Wednesday. The firm has a market capitalization of $100.10 million, a price-to-earnings ratio of -7.14 and a beta of 0.93. Spectral Medical has a one year low of $0.22 and a one year high of $0.50. The company has a 50 day moving average price of $0.36 and a 200 day moving average price of $0.36.

Spectral Medical (OTCMKTS:EDTXF) last released its quarterly earnings data on Monday, May 13th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $0.50 million during the quarter.

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.