ParkerVision, Inc. (OTCMKTS:PRKR – Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 86,000 shares, a drop of 41.7% from the February 28th total of 147,600 shares. Based on an average daily volume of 514,500 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.
ParkerVision Trading Up 2.5 %
Shares of OTCMKTS:PRKR traded up $0.02 during trading on Friday, reaching $0.63. The company’s stock had a trading volume of 94,796 shares, compared to its average volume of 227,822. The firm’s 50 day simple moving average is $0.80 and its two-hundred day simple moving average is $0.76. ParkerVision has a 12 month low of $0.09 and a 12 month high of $1.18. The stock has a market capitalization of $73.34 million, a PE ratio of -4.46 and a beta of 2.55.
ParkerVision (OTCMKTS:PRKR – Get Free Report) last announced its earnings results on Monday, March 24th. The semiconductor company reported ($0.03) EPS for the quarter.
About ParkerVision
ParkerVision, Inc designs and develops radio frequency technologies and integrated circuits for use in wireless communication products. ParkerVision, Inc was incorporated in 1989 and is based in Jacksonville, Florida.
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