Short Interest in M3, Inc. (OTCMKTS:MTHRF) Drops By 15.4%

M3, Inc. (OTCMKTS:MTHRF) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 4,559,000 shares, a decline of 15.4% from the May 31st total of 5,387,000 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 3,256.4 days.

M3 Stock Performance

MTHRF remained flat at $9.07 during midday trading on Friday. The stock’s fifty day moving average price is $10.75 and its two-hundred day moving average price is $13.92. M3 has a 52-week low of $9.07 and a 52-week high of $19.15.

M3 Company Profile

M3, Inc provides medical-related services primarily to physicians and other healthcare professionals through Internet. The company operates through five reporting segments: Medical Platform, Evidence Solutions, Career Solutions, Site Solutions, and Overseas. It operates m3.com, a members-only web site for providing information to the healthcare professionals; MR-kun, where member doctors can independently and continuously receive information on the m3com platform; QOL-kun that provides life support information other than medical information to members; AskDoctors, where registered doctors answer questions about health and illness from the general public; MDLinx for medical professionals in the United States; and Doctors.net.uk, a website that provides developing services for pharmaceutical companies, as well as provides drug information database in France, Germany, and Spain.