Spectral Medical Inc. (OTCMKTS:EDTXF) Sees Significant Growth in Short Interest

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

Spectral Medical Price Performance

OTCMKTS:EDTXF opened at $0.49 on Thursday. The stock has a market cap of $139.53 million, a P/E ratio of -7.00 and a beta of 0.87. Spectral Medical has a one year low of $0.29 and a one year high of $0.55. The company has a fifty day moving average price of $0.40 and a 200 day moving average price of $0.42.

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.