Short Interest in Plaintree Systems Inc. (OTCMKTS:PTEEF) Drops By 16.7%

Plaintree Systems Inc. (OTCMKTS:PTEEFGet Free Report) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 500 shares, a decline of 16.7% from the June 30th total of 600 shares. Based on an average trading volume of 27,200 shares, the short-interest ratio is presently 0.0 days.

Plaintree Systems Stock Down 35.2 %

Shares of OTCMKTS PTEEF opened at $0.02 on Monday. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.53 and a current ratio of 0.99. Plaintree Systems has a 12 month low of $0.02 and a 12 month high of $0.15. The company has a 50 day simple moving average of $0.04 and a two-hundred day simple moving average of $0.05.

About Plaintree Systems

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Plaintree Systems Inc designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, and internationally. The company manufactures avionic components for various applications, including aircraft antiskid braking, aircraft indicators, solenoids, and permanent magnet alternators; and operates as a design/build manufacturer of steel, aluminum, and stainless-steel specialty structures comprising commercial domes, free form structures, barrel vaults, space frames, and industrial dome coverings.

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