Short Interest in Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) Drops By 85.3%

Pacific Health Care Organization, Inc. (OTCMKTS:PFHO) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 500 shares, a drop of 85.3% from the March 15th total of 3,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,700 shares, the days-to-cover ratio is presently 0.1 days.

Pacific Health Care Organization Stock Performance

OTCMKTS:PFHO remained flat at $0.70 during trading hours on Monday. The business has a fifty day moving average of $0.71 and a 200 day moving average of $0.77. The stock has a market cap of $8.96 million, a price-to-earnings ratio of 10.00 and a beta of -0.04. Pacific Health Care Organization has a 52 week low of $0.51 and a 52 week high of $0.99.

Pacific Health Care Organization (OTCMKTS:PFHO) last posted its earnings results on Wednesday, March 19th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $1.54 million for the quarter. Pacific Health Care Organization had a return on equity of 7.83% and a net margin of 14.16%.

About Pacific Health Care Organization

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.